Today we will analyze the stock NEW MILLENNIUM CAPITAL CORP. (T (NML.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in NEW MILLENNIUM CAPITAL CORP. (T (NML.V)
1- Last bearish trend was from 1.73 $ (10/14/2011) to 1.61 $ (10/17/2011) a 0.12 $ move 2- The current bullish trend started from 1.61 $ at 10/17/2011 and is currently trading at 1.69 $.
3- NML.V current support level is at 1.68 which is the 61.80 % fibonacci retracement of the last 0.12 $ move.
4- NML.V current resistance level is at 1.73 which is the 100.00 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
NEW MILLENNIUM CAPITAL CORP. (T (NML.V) Short term stock chart patterns for internet stock trading :

None.
NEW MILLENNIUM CAPITAL CORP. (T (NML.V) Mid term stock chart patterns for internet stock trading :

None.
NEW MILLENNIUM CAPITAL CORP. (T (NML.V) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.320 and 1.860 that was broken up at 1.170 transforming into a supporting line.

Stock Trading Conclusion:
NEW MILLENNIUM CAPITAL CORP. (T (NML.V) was trading in a bearish 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 : 1.73, 1.76, 1.80, 1.86.
Stock Support levels : 1.68, 1.67, 1.67, 1.66, 1.66, 1.65, 1.64, 1.64, 1.61,.