Today we will analyze the stock GC RIEBER SHIPPING (RISH.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in GC RIEBER SHIPPING (RISH.OL)
1- Last bearish trend was from 30.00 $ (1/27/2012) to 27.00 $ (1/31/2012) a 3.00 $ move 2- The current bullish trend started from 27.00 $ at 1/31/2012 and is currently trading at 30.00 $.
3- RISH.OL current support level is at 30.00 which is the 100.00 % fibonacci retracement of the last 3.00 $ move.
4- RISH.OL current resistance level is at 30.82 which is the 127.20 % fibonacci retracement of the last 3.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
GC RIEBER SHIPPING (RISH.OL) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 27.000 .
7- The Stock formed a 4.000 $ height triangle which was broken up at 30.000, target of the pattern is 34.000.
GC RIEBER SHIPPING (RISH.OL) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 27.000 .
9- The Stock formed a 4.000 $ height triangle which was broken up at 30.000, target of the pattern is 34.000.
GC RIEBER SHIPPING (RISH.OL) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 27.000 .
11- The Stock formed a 4.000 $ height triangle which was broken up at 30.000, target of the pattern is 34.000.

Stock Trading Conclusion:
GC RIEBER SHIPPING (RISH.OL) was trading in a strong bearish 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 : 30.82, 31.00, 31.85, 34.00,.
Stock Support levels : 29.29, 28.85, 28.67, 28.50, 28.15, 27.71, 27.00,.