Today we will analyze the stock RYL DUTCH SHL ADR-B (RDSB.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in RYL DUTCH SHL ADR-B (RDSB.MX)
1- Last bullish trend was from 770.00 $ (8/18/2011) to 977.70 $ (12/2/2011) a 207.70 $ move 2- The current bearish trend started from 977.70 $ at 12/2/2011 and is currently trading at 939.50 $.
3- RDSB.MX current support level is at 928.68 which is the 23.60 % fibonacci retracement of the last 207.70 $ move.
4- RDSB.MX current resistance level is at 977.70 which is the 0.00 % fibonacci retracement of the last 207.70 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
RYL DUTCH SHL ADR-B (RDSB.MX) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 770.000 and 761.250, and is currently supporting at 789.250.
RYL DUTCH SHL ADR-B (RDSB.MX) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 248.490 $ height triangle which was broken up at 900.000, target of the pattern is 1,148.490.
RYL DUTCH SHL ADR-B (RDSB.MX) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 248.490 $ height triangle which was broken up at 900.000, target of the pattern is 1,148.490.

Stock Trading Conclusion:
RYL DUTCH SHL ADR-B (RDSB.MX) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 948.52, 954.09, 958.60, 963.11, 977.70, 1,148.49,.
Stock Support levels : 928.68, 898.36, 873.85, 851.37, 849.34, 789.25, 770.00, 713.51,.