Today we will analyze the stock MANITEX CAPITAL INC. (Tier2) (MNX.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in MANITEX CAPITAL INC. (Tier2) (MNX.V)
1- Last bullish trend was from 0.16 $ (3/26/2012) to 0.25 $ (3/29/2012) a 0.09 $ move 2- The current bearish trend started from 0.25 $ at 3/29/2012 and is currently trading at 0.23 $.
3- MNX.V current support level is at 0.23 which is the 23.60 % fibonacci retracement of the last 0.09 $ move.
4- MNX.V current resistance level is at 0.25 which is the 0.00 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MANITEX CAPITAL INC. (Tier2) (MNX.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.160 .
MANITEX CAPITAL INC. (Tier2) (MNX.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.160 .
MANITEX CAPITAL INC. (Tier2) (MNX.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.160 .
9- The Stock formed a 0.130 $ height triangle which was broken up at 0.250 in higher than usual volume, target of the pattern is 0.380.

Stock Trading Conclusion:
MANITEX CAPITAL INC. (Tier2) (MNX.V) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.235, 0.238, 0.240, 0.242, 0.250, 0.380.
Stock Support levels : 0.229, 0.216, 0.208, 0.205, 0.194, 0.160, 0.136,.