Today we will analyze the stock GREYSTAR RESOURCES COM NPV (GSL.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in GREYSTAR RESOURCES COM NPV (GSL.TO)
1- Last bullish trend was from 2.12 $ (8/12/2011) to 2.44 $ (8/16/2011) a 0.32 $ move 2- The current bearish trend started from 2.44 $ at 8/16/2011 and is currently trading at 2.12 $.
3- GSL.TO current support level is at 2.03 which is the 127.20 % fibonacci retracement of the last 0.32 $ move.
4- GSL.TO current resistance level is at 2.12 which is the 100.00 % fibonacci retracement of the last 0.32 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GREYSTAR RESOURCES COM NPV (GSL.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.120 and 1.960 that was broken down at 2.120 transforming into a resistance line.
GREYSTAR RESOURCES COM NPV (GSL.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.440 and 2.890, and is currently resisting at 2.372.
GREYSTAR RESOURCES COM NPV (GSL.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.440 and 2.890, and is currently resisting at 2.372.

Stock Trading Conclusion:
GREYSTAR RESOURCES COM NPV (GSL.TO) was trading in a bearish wave, which is becoming weaker .
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 : 2.20, 2.24, 2.28, 2.28, 2.32, 2.36, 2.37, 2.44,.
Stock Support levels : 2.03,.