Today we will analyze the stock DESERT GOLD VENTURES (Tier2) (DAU.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in DESERT GOLD VENTURES (Tier2) (DAU.V)
1- Last bullish trend was from 0.44 $ (4/17/2012) to 0.48 $ (4/24/2012) a 0.04 $ move 2- The current bearish trend started from 0.48 $ at 4/24/2012 and is currently trading at 0.45 $.
3- DAU.V current support level is at 0.44 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- DAU.V current resistance level is at 0.46 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
DESERT GOLD VENTURES (Tier2) (DAU.V) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.070 $ height triangle which was broken down at 0.450, target of the pattern is 0.380.
DESERT GOLD VENTURES (Tier2) (DAU.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.070 $ height triangle which was broken down at 0.450, target of the pattern is 0.380.
DESERT GOLD VENTURES (Tier2) (DAU.V) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.170 $ height triangle which was broken up at 0.480 in higher than usual volume, target of the pattern is 0.650 which was broken down at 0.450, target of the pattern is 0.280.

Stock Trading Conclusion:
DESERT GOLD VENTURES (Tier2) (DAU.V) was trading in a bearish wave, which is becoming stronger .
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 : 0.455, 0.457, 0.457, 0.460, 0.461, 0.465, 0.465, 0.469, 0.471, 0.480, 0.650.
Stock Support levels : 0.440, 0.429, 0.415, 0.380, 0.380,.