Today we will analyze the stock PASSPORT METALS INC (Tier2) (PPI.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PASSPORT METALS INC (Tier2) (PPI.V)
1- Last bullish trend was from 0.22 $ (4/26/2012) to 0.24 $ (5/2/2012) a 0.02 $ move 2- The current bearish trend started from 0.24 $ at 5/2/2012 and is currently trading at 0.23 $.
3- PPI.V current support level is at 0.23 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- PPI.V current resistance level is at 0.23 which is the 38.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PASSPORT METALS INC (Tier2) (PPI.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.220 .
PASSPORT METALS INC (Tier2) (PPI.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.290 .
PASSPORT METALS INC (Tier2) (PPI.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.290 .

Stock Trading Conclusion:
PASSPORT METALS INC (Tier2) (PPI.V) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.232, 0.232, 0.234, 0.235, 0.235, 0.236, 0.240, 0.270, 0.280, 0.290,.
Stock Support levels : 0.230, 0.228, 0.220, 0.215,.