Today we will analyze the stock ANDEANGOLD LTD (Tier2) (AAU.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ANDEANGOLD LTD (Tier2) (AAU.V)
1- Last bearish trend was from 0.04 $ (5/25/2010) to 0.01 $ (6/29/2010) a 0.03 $ move 2- The current bullish trend started from 0.01 $ at 6/29/2010 and is currently trading at 0.02 $.
3- AAU.V current support level is at 0.02 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
4- AAU.V current resistance level is at 0.02 which is the 38.20 % fibonacci retracement of the last 0.03 $ 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.
ANDEANGOLD LTD (Tier2) (AAU.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.040 .
ANDEANGOLD LTD (Tier2) (AAU.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.040 .
ANDEANGOLD LTD (Tier2) (AAU.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.040 .

Stock Trading Conclusion:
ANDEANGOLD LTD (Tier2) (AAU.V) 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 : 0.021, 0.025, 0.029, 0.030, 0.040, 0.048, 0.059.
Stock Support levels : 0.018, 0.017, 0.016, 0.015, 0.014, 0.010,.