Today we will analyze the stock GRENLAND GROUP (GGG.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in GRENLAND GROUP (GGG.OL)
1- Last bullish trend was from 10.00 $ (4/4/2011) to 12.75 $ (4/8/2011) a 2.75 $ move 2- The current bearish trend started from 12.75 $ at 4/8/2011 and is currently trading at 11.05 $.
3- GGG.OL current support level is at 10.00 which is the 100.00 % fibonacci retracement of the last 2.75 $ move.
4- GGG.OL current resistance level is at 11.05 which is the 61.80 % fibonacci retracement of the last 2.75 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GRENLAND GROUP (GGG.OL) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.750 and 13.000, and is currently resisting at 12.625.
GRENLAND GROUP (GGG.OL) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 12.750 and 14.700, and is currently resisting at 12.218.
GRENLAND GROUP (GGG.OL) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 12.750 and 14.700, and is currently resisting at 12.218.

Stock Trading Conclusion:
GRENLAND GROUP (GGG.OL) 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 : 11.05, 11.38, 11.45, 11.70, 11.70, 11.90, 12.10, 12.10, 12.22, 12.63, 12.75,.
Stock Support levels : 10.00, 9.25,.