Today we will analyze the stock MACRO ENTERPRISES INC (Tier1) (MCR.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in MACRO ENTERPRISES INC (Tier1) (MCR.V)
1- Last bullish trend was from 0.40 $ (4/11/2012) to 0.43 $ (4/26/2012) a 0.03 $ move 2- The current bearish trend started from 0.43 $ at 4/26/2012 and is currently trading at 0.39 $.
3- MCR.V current support level is at 0.38 which is the 161.80 % fibonacci retracement of the last 0.03 $ move.
4- MCR.V current resistance level is at 0.39 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
MACRO ENTERPRISES INC (Tier1) (MCR.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.430 and 0.500, and is currently resisting at 0.392.
MACRO ENTERPRISES INC (Tier1) (MCR.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.430 and 0.500, and is currently resisting at 0.392.
MACRO ENTERPRISES INC (Tier1) (MCR.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.430 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 0.500 and 0.510, and is currently resisting at 0.475.

Stock Trading Conclusion:
MACRO ENTERPRISES INC (Tier1) (MCR.V) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.392, 0.392, 0.399, 0.400, 0.405, 0.410, 0.411, 0.415, 0.415, 0.419, 0.423, 0.430, 0.475.
Stock Support levels :.