Today we will analyze the stock GRD (GSX.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in GRD (GSX.BE)
1- Last bearish trend was from 0.32 $ (10/26/2009) to 0.31 $ (11/6/2009) a 0.01 $ move 2- The current bullish trend started from 0.31 $ at 11/6/2009 and is currently trading at 0.32 $.
3- GSX.BE current support level is at 0.32 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- GSX.BE current resistance level is at 0.32 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
GRD (GSX.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.320 .
7- The Stock formed a 0.020 $ height triangle.
GRD (GSX.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.300 and 0.240 that was broken down at 0.320 transforming into a resistance line.
GRD (GSX.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.240 and 0.200 that was broken down at 0.310 transforming into a resistance line.

Stock Trading Conclusion:
GRD (GSX.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.323, 0.325, 0.326, 0.335.
Stock Support levels : 0.318, 0.316, 0.315, 0.314, 0.312, 0.310,.