Today we will analyze the stock PORTRUSH PETROLEUM CORPORATION (PSH.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PORTRUSH PETROLEUM CORPORATION (PSH.V)
1- Last bearish trend was from 1.80 $ (4/16/2012) to 1.72 $ (4/20/2012) a 0.08 $ move 2- The current bullish trend started from 1.72 $ at 4/20/2012 and is currently trading at 1.80 $.
3- PSH.V current support level is at 1.80 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
4- PSH.V current resistance level is at 1.82 which is the 127.20 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PORTRUSH PETROLEUM CORPORATION (PSH.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.220 $ height triangle which was broken up at 1.770 in higher than usual volume, target of the pattern is 1.990.
PORTRUSH PETROLEUM CORPORATION (PSH.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.060 and 0.050, and is currently supporting at 0.367.
PORTRUSH PETROLEUM CORPORATION (PSH.V) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.060 and 0.050, and is currently supporting at 0.367.

Stock Trading Conclusion:
PORTRUSH PETROLEUM CORPORATION (PSH.V) was trading in a strong bullish 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 : 1.82, 1.85, 1.92, 1.99.
Stock Support levels : 1.78, 1.77, 1.76, 1.75, 1.74, 1.72, 1.62, 0.37,.