Today we will analyze the stock BAYFIELD VENTURES CORP. (Tier2) (BYV.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in BAYFIELD VENTURES CORP. (Tier2) (BYV.V)
1- Last bearish trend was from 0.38 $ (2/20/2014) to 0.33 $ (2/26/2014) a 0.05 $ move 2- The current bullish trend started from 0.33 $ at 2/26/2014 and is currently trading at 0.36 $.
3- BYV.V current support level is at 0.36 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
4- BYV.V current resistance level is at 0.36 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BAYFIELD VENTURES CORP. (Tier2) (BYV.V) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.330 and 0.360,resistance between 0.380 and 0.400 which was broken up at 0.350 in higher than usual volume.
BAYFIELD VENTURES CORP. (Tier2) (BYV.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.330 and 0.320, and is currently supporting at 0.336.
BAYFIELD VENTURES CORP. (Tier2) (BYV.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.400 .
9- The Stock formed a 0.080 $ height triangle.

Stock Trading Conclusion:
BAYFIELD VENTURES CORP. (Tier2) (BYV.V) was trading in a 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 : 0.361, 0.380, 0.394, 0.400, 0.411.
Stock Support levels : 0.355, 0.353, 0.349, 0.349, 0.345, 0.342, 0.341, 0.336, 0.330,.