Today we will analyze the stock PMI GOLD CORPORATION (Tier2) (PMV.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PMI GOLD CORPORATION (Tier2) (PMV.V)
1- Last bullish trend was from 0.83 $ (4/24/2012) to 0.93 $ (5/1/2012) a 0.10 $ move 2- The current bearish trend started from 0.93 $ at 5/1/2012 and is currently trading at 0.83 $.
3- PMV.V current support level is at 0.80 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
4- PMV.V current resistance level is at 0.83 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
PMI GOLD CORPORATION (Tier2) (PMV.V) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.830 and 1.140,resistance between 0.930 and 1.230, the stock channel is currently supported from below by 0.675 and resisted from above by 0.870.
PMI GOLD CORPORATION (Tier2) (PMV.V) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.830 and 1.140,resistance between 0.930 and 1.230, the stock channel is currently supported from below by 0.675 and resisted from above by 0.870.
PMI GOLD CORPORATION (Tier2) (PMV.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.930 and 1.400, and is currently resisting at 0.887.

Stock Trading Conclusion:
PMI GOLD CORPORATION (Tier2) (PMV.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 : 0.854, 0.868, 0.880, 0.887, 0.892, 0.906, 0.930,.
Stock Support levels : 0.803,.