Today we will analyze the stock ARAFURA RESOURCES (REB.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in ARAFURA RESOURCES (REB.DE)
1- Last bearish trend was from 0.21 $ (5/2/2012) to 0.19 $ (5/4/2012) a 0.02 $ move 2- The current bullish trend started from 0.19 $ at 5/4/2012 and is currently trading at 0.21 $.
3- REB.DE current support level is at 0.21 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- REB.DE current resistance level is at 0.22 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ARAFURA RESOURCES (REB.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.210 .
ARAFURA RESOURCES (REB.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.270, and is currently resisting at 0.242.
ARAFURA RESOURCES (REB.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.390 that was broken up at 0.210 transforming into a supporting line.

Stock Trading Conclusion:
ARAFURA RESOURCES (REB.DE) was trading in a bearish 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 : 0.215, 0.222, 0.242.
Stock Support levels : 0.205, 0.202, 0.200, 0.198, 0.195, 0.190,.