Today we will analyze the stock PHOTOCHANNEL NETWORKS INC (Tier (PN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PHOTOCHANNEL NETWORKS INC (Tier (PN.V)
1- Last bearish trend was from 0.87 $ (9/30/2011) to 0.77 $ (10/13/2011) a 0.10 $ move 2- The current bullish trend started from 0.77 $ at 10/13/2011 and is currently trading at 0.89 $.
3- PN.V current support level is at 0.87 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
4- PN.V current resistance level is at 0.90 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PHOTOCHANNEL NETWORKS INC (Tier (PN.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.870 and 0.890 that was broken up at 0.890 transforming into a supporting line.
PHOTOCHANNEL NETWORKS INC (Tier (PN.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.870 and 0.930 that was broken up at 0.890 transforming into a supporting line.
PHOTOCHANNEL NETWORKS INC (Tier (PN.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 0.950, and is currently resisting at 0.892.

Stock Trading Conclusion:
PHOTOCHANNEL NETWORKS INC (Tier (PN.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 : 0.892, 0.897, 0.932.
Stock Support levels : 0.870, 0.862, 0.850, 0.844, 0.832, 0.830, 0.830, 0.820, 0.816, 0.815, 0.808, 0.794, 0.770,.