Today we will analyze the stock AFRICAN AURA RESOURCES LIMITED (AAZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in AFRICAN AURA RESOURCES LIMITED (AAZ.V)
1- Last bullish trend was from 0.19 $ (9/25/2009) to 0.22 $ (10/1/2009) a 0.03 $ move 2- The current bearish trend started from 0.22 $ at 10/1/2009 and is currently trading at 0.18 $.
3- AAZ.V current support level is at 0.17 which is the 161.80 % fibonacci retracement of the last 0.03 $ move.
4- AAZ.V current resistance level is at 0.18 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
AFRICAN AURA RESOURCES LIMITED (AAZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.190 and 0.180,resistance between 0.220 and 0.200 which was broken down at 0.180 in higher than usual volume.
AFRICAN AURA RESOURCES LIMITED (AAZ.V) Mid term stock chart patterns for internet stock trading :

None.
AFRICAN AURA RESOURCES LIMITED (AAZ.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AFRICAN AURA RESOURCES LIMITED (AAZ.V) was trading in a strong bullish 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 : 0.182, 0.189, 0.190, 0.195, 0.200, 0.201, 0.205, 0.205, 0.209, 0.213, 0.220, 0.227.
Stock Support levels : 0.171.