Today we will analyze the stock RIDGE MINING (RMN.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in RIDGE MINING (RMN.BE)
1- Last bearish trend was from 0.87 $ (7/16/2009) to 0.82 $ (7/17/2009) a 0.05 $ move 2- The current bullish trend started from 0.82 $ at 7/17/2009 and is currently trading at 1.00 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
4- Bearish Divergance in MACD Indicator .
RIDGE MINING (RMN.BE) Short term stock chart patterns for internet stock trading :

5- The Stock formed a 0.240 $ height triangle which was broken up at 0.880, target of the pattern is 1.120 which was broken down at 0.890, target of the pattern is 0.650.
RIDGE MINING (RMN.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.970 and 1.220 that was broken up at 0.960 transforming into a supporting line.
RIDGE MINING (RMN.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
RIDGE MINING (RMN.BE) was trading in a bullish 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 : 1.05, 1.12.
Stock Support levels : 0.96, 0.93, 0.91, 0.89, 0.82, 0.81, 0.65,.