Today we will analyze the stock DIAMONDS NORTH RESOURCES (Tier1 (DDN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in DIAMONDS NORTH RESOURCES (Tier1 (DDN.V)
1- Last bearish trend was from 0.08 $ (1/23/2012) to 0.07 $ (1/25/2012) a 0.01 $ move 2- The current bullish trend started from 0.07 $ at 1/25/2012 and is currently trading at 0.08 $.
3- DDN.V current support level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- DDN.V current resistance level is at 0.08 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DIAMONDS NORTH RESOURCES (Tier1 (DDN.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.070 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.070, target of the pattern is 0.090.
DIAMONDS NORTH RESOURCES (Tier1 (DDN.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.070 .
9- The Stock formed a 0.020 $ height triangle which was broken up at 0.070, target of the pattern is 0.090.
DIAMONDS NORTH RESOURCES (Tier1 (DDN.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.070 .
11- The Stock formed a 0.020 $ height triangle which was broken up at 0.070, target of the pattern is 0.090.

Stock Trading Conclusion:
DIAMONDS NORTH RESOURCES (Tier1 (DDN.V) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.083, 0.086, 0.090,.
Stock Support levels : 0.078, 0.076, 0.075, 0.074, 0.072, 0.070, 0.045,.