Today we will analyze the stock PHARMENG INTERNATIONAL INC. (Ti (PII.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PHARMENG INTERNATIONAL INC. (Ti (PII.V)
1- Last bullish trend was from 0.03 $ (4/2/2009) to 0.05 $ (4/6/2009) a 0.02 $ move 2- The current bearish trend started from 0.05 $ at 4/6/2009 and is currently trading at 0.04 $.
3- PII.V current support level is at 0.04 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- PII.V current resistance level is at 0.04 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PHARMENG INTERNATIONAL INC. (Ti (PII.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.030 .
PHARMENG INTERNATIONAL INC. (Ti (PII.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.030 .
PHARMENG INTERNATIONAL INC. (Ti (PII.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.030 .

Stock Trading Conclusion:
PHARMENG INTERNATIONAL INC. (Ti (PII.V) was trading in a 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 : 0.042, 0.044, 0.045, 0.045, 0.046, 0.050,.
Stock Support levels : 0.038, 0.030, 0.025,.