Today we will analyze the stock REDWOOD TRUST (R2V.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in REDWOOD TRUST (R2V.DE)
1- Last bearish trend was from 17.00 $ (9/25/2008) to 13.70 $ (9/26/2008) a 3.30 $ move 2- The current bullish trend started from 13.70 $ at 9/26/2008 and is currently trading at 17.00 $.
3- R2V.DE current support level is at 17.00 which is the 100.00 % fibonacci retracement of the last 3.30 $ move.
4- R2V.DE current resistance level is at 17.90 which is the 127.20 % fibonacci retracement of the last 3.30 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
REDWOOD TRUST (R2V.DE) Short term stock chart patterns for internet stock trading :

None.
REDWOOD TRUST (R2V.DE) Mid term stock chart patterns for internet stock trading :

None.
REDWOOD TRUST (R2V.DE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
REDWOOD TRUST (R2V.DE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 17.90, 19.04.
Stock Support levels : 16.22, 15.74, 15.35, 14.96, 14.48, 13.70,.