Today we will analyze the stock PRISM MEDICAL LTD. (Tier1) (PM.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PRISM MEDICAL LTD. (Tier1) (PM.V)
1- Last bullish trend was from 6.00 $ (3/29/2012) to 6.50 $ (4/20/2012) a 0.50 $ move 2- The current bearish trend started from 6.50 $ at 4/20/2012 and is currently trading at 6.05 $.
3- PM.V current support level is at 6.00 which is the 100.00 % fibonacci retracement of the last 0.50 $ move.
4- PM.V current resistance level is at 6.19 which is the 61.80 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
PRISM MEDICAL LTD. (Tier1) (PM.V) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.000 and 5.950 that was broken down at 6.050 transforming into a resistance line.
PRISM MEDICAL LTD. (Tier1) (PM.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 5.160 and 4.790, and is currently supporting at 5.810.
PRISM MEDICAL LTD. (Tier1) (PM.V) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 4.320 and 4.530,resistance between 5.250 and 5.400 which was broken up at 4.950 in higher than usual volume.

Stock Trading Conclusion:
PRISM MEDICAL LTD. (Tier1) (PM.V) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 6.14, 6.16, 6.19, 6.22, 6.25, 6.28, 6.31, 6.33, 6.38, 6.50,.
Stock Support levels : 6.00, 5.86, 5.81, 5.69,.