Today we will analyze the stock TROY RESOURCES NL (TRY.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in TROY RESOURCES NL (TRY.TO)
1- Last bullish trend was from 4.41 $ (4/18/2012) to 4.64 $ (4/24/2012) a 0.23 $ move 2- The current bearish trend started from 4.64 $ at 4/24/2012 and is currently trading at 4.41 $.
3- TRY.TO current support level is at 4.35 which is the 127.20 % fibonacci retracement of the last 0.23 $ move.
4- TRY.TO current resistance level is at 4.41 which is the 100.00 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TROY RESOURCES NL (TRY.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.640 and 4.700, and is currently resisting at 4.532.
TROY RESOURCES NL (TRY.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.490 and 4.130 that was broken down at 5.000 transforming into a resistance line.
TROY RESOURCES NL (TRY.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.130 and 4.070 that was broken down at 4.410 transforming into a resistance line.

Stock Trading Conclusion:
TROY RESOURCES NL (TRY.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 : 4.46, 4.50, 4.52, 4.53, 4.53, 4.55, 4.59, 4.64, 5.81.
Stock Support levels : 4.35,.