Today we will analyze the stock SOLEX RESOURCES CORP. (Tier2) (SOX.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in SOLEX RESOURCES CORP. (Tier2) (SOX.V)
1- Last bullish trend was from 0.08 $ (5/6/2010) to 0.10 $ (5/10/2010) a 0.02 $ move 2- The current bearish trend started from 0.10 $ at 5/10/2010 and is currently trading at 0.08 $.
3- SOX.V current support level is at 0.07 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- SOX.V current resistance level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SOLEX RESOURCES CORP. (Tier2) (SOX.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.100 .
SOLEX RESOURCES CORP. (Tier2) (SOX.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.100 .
SOLEX RESOURCES CORP. (Tier2) (SOX.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.100 .

Stock Trading Conclusion:
SOLEX RESOURCES CORP. (Tier2) (SOX.V) was trading in a bearish 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 : 0.085, 0.088, 0.090, 0.092, 0.095, 0.100, 0.140.
Stock Support levels : 0.075,.