Today we will analyze the stock RED ROCK RESOURCES (R2T.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in RED ROCK RESOURCES (R2T.DE)
1- Last bullish trend was from 0.16 $ (1/20/2011) to 0.19 $ (4/21/2011) a 0.03 $ move 2- The current bearish trend started from 0.19 $ at 4/21/2011 and is currently trading at 0.06 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
RED ROCK RESOURCES (R2T.DE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.230 $ height triangle which was broken up at 0.060, target of the pattern is 0.290 which was broken down at 0.190 in higher than usual volume, target of the pattern is -0.040.
RED ROCK RESOURCES (R2T.DE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.230 $ height triangle which was broken up at 0.060, target of the pattern is 0.290 which was broken down at 0.190 in higher than usual volume, target of the pattern is -0.040.
RED ROCK RESOURCES (R2T.DE) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.230 $ height triangle which was broken up at 0.060, target of the pattern is 0.290 which was broken down at 0.190 in higher than usual volume, target of the pattern is -0.040.

Stock Trading Conclusion:
RED ROCK RESOURCES (R2T.DE) 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 : 0.091, 0.110, 0.125, 0.140, 0.190, 0.290, 1.003,.
Stock Support levels : -0.040, -0.800,.