Today we will analyze the stock RIVAL TECHNOLOGIES (R1W.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in RIVAL TECHNOLOGIES (R1W.SG)
1- Last bullish trend was from 0.02 $ (11/7/2011) to 0.03 $ (11/8/2011) a 0.01 $ move 2- The current bearish trend started from 0.03 $ at 11/8/2011 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
4- Bullish Divergance in MACD Indicator .
RIVAL TECHNOLOGIES (R1W.SG) Short term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.020 that failed and formed a resistance.
6- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.040, and is currently resisting at 0.019.
RIVAL TECHNOLOGIES (R1W.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.020 that failed and formed a resistance.
8- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.040, and is currently resisting at 0.019.
RIVAL TECHNOLOGIES (R1W.SG) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.020 that failed and formed a resistance.
10- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.040, and is currently resisting at 0.019.

Stock Trading Conclusion:
RIVAL TECHNOLOGIES (R1W.SG) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.015, 0.018, 0.019, 0.020, 0.022, 0.030.
Stock Support levels :.