Today we will analyze the stock ROSHTOV SOFTWARE (RSTV.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ROSHTOV SOFTWARE (RSTV.TA)
1- Last bullish trend was from 460.80 $ (5/20/2010) to 490.00 $ (7/13/2010) a 29.20 $ move 2- The current bearish trend started from 490.00 $ at 7/13/2010 and is currently trading at 448.00 $.
3- RSTV.TA current support level is at 442.75 which is the 161.80 % fibonacci retracement of the last 29.20 $ move.
4- RSTV.TA current resistance level is at 452.86 which is the 127.20 % fibonacci retracement of the last 29.20 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
ROSHTOV SOFTWARE (RSTV.TA) Short term stock chart patterns for internet stock trading :

None.
ROSHTOV SOFTWARE (RSTV.TA) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 460.800 that failed and formed a resistance.
7- The Stock formed a 49.500 $ height triangle which was broken down at 460.000, target of the pattern is 410.500.
ROSHTOV SOFTWARE (RSTV.TA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 509.500 .
9- The Stock formed a 134.500 $ height triangle which was broken down at 495.000, target of the pattern is 360.500.

Stock Trading Conclusion:
ROSHTOV SOFTWARE (RSTV.TA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 452.86, 457.91, 460.80, 461.12, 464.04, 469.00, 471.95, 473.96, 475.40, 478.85, 483.11, 490.00, 512.99, 615.94.
Stock Support levels : 442.75, 410.50,.