Today we will analyze the stock RICHARDS OIL and GAS (R2Q.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in RICHARDS OIL and GAS (R2Q.BE)
1- Last bullish trend was from 0.01 $ (6/4/2009) to 0.02 $ (6/5/2009) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 6/5/2009 and is currently trading at 0.01 $.
3- R2Q.BE current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- R2Q.BE current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
RICHARDS OIL and GAS (R2Q.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

RICHARDS OIL and GAS (R2Q.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

RICHARDS OIL and GAS (R2Q.BE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.


Stock Trading Conclusion:
RICHARDS OIL and GAS (R2Q.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007,.