Today we will analyze the stock NORMABEC MINING RESOURCES LTD. (NMB.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in NORMABEC MINING RESOURCES LTD. (NMB.V)
1- Last bearish trend was from 0.25 $ (11/11/2009) to 0.23 $ (11/12/2009) a 0.02 $ move 2- The current bullish trend started from 0.23 $ at 11/12/2009 and is currently trading at 0.26 $.
3- NMB.V current support level is at 0.26 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- NMB.V current resistance level is at 0.26 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
NORMABEC MINING RESOURCES LTD. (NMB.V) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.230 and 0.200,resistance between 0.250 and 0.210, the stock channel is currently supported from below by 0.241 and resisted from above by 0.268.
NORMABEC MINING RESOURCES LTD. (NMB.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.230 and 0.190, and is currently supporting at 0.241.
NORMABEC MINING RESOURCES LTD. (NMB.V) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 0.190 and 0.150,resistance between 0.240 and 0.190, the stock channel is currently supported from below by 0.223 and resisted from above by 0.276.

Stock Trading Conclusion:
NORMABEC MINING RESOURCES LTD. (NMB.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.262.
Stock Support levels : 0.255, 0.253, 0.250, 0.249, 0.245, 0.242, 0.241, 0.241, 0.240, 0.238, 0.235, 0.230,.