Stock Technical indicators to notice in Rival Technologies Inc. (RVTI.OB)
1- Last bearish trend was from 0.14 $ (4/6/2010) to 0.06 $ (4/8/2010) a 0.08 $ move 2- The current bullish trend started from 0.06 $ at 4/8/2010 and is currently trading at 0.12 $.
4- RVTI.OB current resistance level is at 0.14 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Rival Technologies Inc. (RVTI.OB) Short term stock chart patterns for internet stock trading :
None.
Rival Technologies Inc. (RVTI.OB) Mid term stock chart patterns for internet stock trading :
None.
Rival Technologies Inc. (RVTI.OB) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
Rival Technologies Inc. (RVTI.OB) was trading in a strong 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 : 0.140, 0.162, 0.189.
Stock Support levels : 0.109, 0.106, 0.100, 0.097, 0.091, 0.090, 0.083, 0.079, 0.060,.