Today we will analyze the stock PACIFIC TOPAZ RESOURCES LTD. (T (PPZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PACIFIC TOPAZ RESOURCES LTD. (T (PPZ.V)
1- Last bullish trend was from 0.16 $ (7/4/2011) to 0.18 $ (7/5/2011) a 0.02 $ move 2- The current bearish trend started from 0.18 $ at 7/5/2011 and is currently trading at 0.15 $.
3- PPZ.V current support level is at 0.15 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- PPZ.V current resistance level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PACIFIC TOPAZ RESOURCES LTD. (T (PPZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.160 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.180 .
PACIFIC TOPAZ RESOURCES LTD. (T (PPZ.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.160 that failed and formed a resistance.
9- The Stock formed Double Top Pattern at 0.180 .
PACIFIC TOPAZ RESOURCES LTD. (T (PPZ.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.160 that failed and formed a resistance.
11- The Stock formed Double Top Pattern at 0.180 .

Stock Trading Conclusion:
PACIFIC TOPAZ RESOURCES LTD. (T (PPZ.V) was trading in a bearish wave, which is becoming stronger .
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 : 0.155, 0.157, 0.160, 0.161, 0.165, 0.168, 0.169, 0.170, 0.172, 0.175, 0.180,.
Stock Support levels : 0.148.