Today we will analyze the stock ZENN MOTOR COMPANY INC. (Tier2) (ZNN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ZENN MOTOR COMPANY INC. (Tier2) (ZNN.V)
1- Last bullish trend was from 1.50 $ (4/26/2012) to 1.87 $ (5/3/2012) a 0.37 $ move 2- The current bearish trend started from 1.87 $ at 5/3/2012 and is currently trading at 1.84 $.
3- ZNN.V current support level is at 1.78 which is the 23.60 % fibonacci retracement of the last 0.37 $ move.
4- ZNN.V current resistance level is at 1.87 which is the 0.00 % fibonacci retracement of the last 0.37 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
ZENN MOTOR COMPANY INC. (Tier2) (ZNN.V) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.500 and 1.400, and is currently supporting at 1.733.
ZENN MOTOR COMPANY INC. (Tier2) (ZNN.V) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1.400 and 0.940,resistance between 1.650 and 1.100 which was broken down at 1.800.
ZENN MOTOR COMPANY INC. (Tier2) (ZNN.V) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 1.400 and 0.940,resistance between 1.650 and 1.100 which was broken down at 1.800.

Stock Trading Conclusion:
ZENN MOTOR COMPANY INC. (Tier2) (ZNN.V) was trading in a strong bullish 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 : 1.85, 1.85, 1.86, 1.86, 1.86, 1.87,.
Stock Support levels : 1.78, 1.73, 1.73, 1.68, 1.64, 1.50, 1.40, 1.27,.