Today we will analyze the stock PIONEERING TECHNOLOGY CORP (Tie (PTE.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in PIONEERING TECHNOLOGY CORP (Tie (PTE.V)
1- Last bullish trend was from 0.14 $ (4/11/2012) to 0.18 $ (4/25/2012) a 0.04 $ move 2- The current bearish trend started from 0.18 $ at 4/25/2012 and is currently trading at 0.16 $.
3- PTE.V current support level is at 0.16 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- PTE.V current resistance level is at 0.16 which is the 50.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PIONEERING TECHNOLOGY CORP (Tie (PTE.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.080 $ height triangle.
PIONEERING TECHNOLOGY CORP (Tie (PTE.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.080 $ height triangle.
PIONEERING TECHNOLOGY CORP (Tie (PTE.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.080 $ height triangle.

Stock Trading Conclusion:
PIONEERING TECHNOLOGY CORP (Tie (PTE.V) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.165, 0.168, 0.170, 0.171, 0.172, 0.180,.
Stock Support levels : 0.155, 0.140, 0.129,.