Today we will analyze the stock GREY HORSE CAPITAL CORP (GHC.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in GREY HORSE CAPITAL CORP (GHC.TO)
1- Last bullish trend was from 6.87 $ (11/10/2010) to 7.48 $ (11/18/2010) a 0.61 $ move 2- The current bearish trend started from 7.48 $ at 11/18/2010 and is currently trading at 7.08 $.
3- GHC.TO current support level is at 6.87 which is the 100.00 % fibonacci retracement of the last 0.61 $ move.
4- GHC.TO current resistance level is at 7.10 which is the 61.80 % fibonacci retracement of the last 0.61 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
GREY HORSE CAPITAL CORP (GHC.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.480 .
7- The Stock formed a 1.300 $ height triangle which was broken down at 7.300 in higher than usual volume, target of the pattern is 6.000.
GREY HORSE CAPITAL CORP (GHC.TO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 7.480 .
9- The Stock formed a 1.300 $ height triangle which was broken down at 7.300 in higher than usual volume, target of the pattern is 6.000.
GREY HORSE CAPITAL CORP (GHC.TO) Long term stock chart patterns for internet stock trading :

10- The Stock formed a 2.430 $ height triangle which was broken up at 6.380 in higher than usual volume, target of the pattern is 8.810.

Stock Trading Conclusion:
GREY HORSE CAPITAL CORP (GHC.TO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 7.10, 7.17, 7.18, 7.23, 7.25, 7.28, 7.33, 7.34, 7.46, 7.47, 7.48, 7.48, 7.97, 8.81.
Stock Support levels : 6.87, 6.70, 6.49, 6.00,.