Today we will analyze the stock PLAZACORP RETAIL PROPERTIES LTD (PLZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PLAZACORP RETAIL PROPERTIES LTD (PLZ.V)
1- Last bearish trend was from 4.84 $ (3/6/2012) to 4.50 $ (4/30/2012) a 0.34 $ move 2- The current bullish trend started from 4.50 $ at 4/30/2012 and is currently trading at 4.80 $.
3- PLZ.V current support level is at 4.71 which is the 61.80 % fibonacci retracement of the last 0.34 $ move.
4- PLZ.V current resistance level is at 4.84 which is the 100.00 % fibonacci retracement of the last 0.34 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PLAZACORP RETAIL PROPERTIES LTD (PLZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.840 and 4.930 that was broken up at 4.800 transforming into a supporting line.
PLAZACORP RETAIL PROPERTIES LTD (PLZ.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.500 and 4.160, and is currently supporting at 4.516.
PLAZACORP RETAIL PROPERTIES LTD (PLZ.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 3.910 .
9- The Stock formed a 0.620 $ height triangle which was broken up at 4.200 in higher than usual volume, target of the pattern is 4.820.

Stock Trading Conclusion:
PLAZACORP RETAIL PROPERTIES LTD (PLZ.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 4.82, 4.84, 4.93, 5.05.
Stock Support levels : 4.73, 4.71, 4.69, 4.67, 4.65, 4.64, 4.63, 4.61, 4.58, 4.52, 4.50, 3.91,.