Today we will analyze the stock EAGLECREST EXPLORATIONS LTD. (T (EEL.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in EAGLECREST EXPLORATIONS LTD. (T (EEL.V)
1- Last bullish trend was from 0.42 $ (2/9/2011) to 0.47 $ (2/10/2011) a 0.05 $ move 2- The current bearish trend started from 0.47 $ at 2/10/2011 and is currently trading at 0.44 $.
3- EEL.V current support level is at 0.44 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
4- EEL.V current resistance level is at 0.44 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
EAGLECREST EXPLORATIONS LTD. (T (EEL.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.470 .
EAGLECREST EXPLORATIONS LTD. (T (EEL.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.470 .
EAGLECREST EXPLORATIONS LTD. (T (EEL.V) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.420 and 0.380, and is currently supporting at 0.427.

Stock Trading Conclusion:
EAGLECREST EXPLORATIONS LTD. (T (EEL.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 : 0.445, 0.447, 0.451, 0.451, 0.455, 0.458, 0.459, 0.470,.
Stock Support levels : 0.439, 0.430, 0.427, 0.420, 0.406, 0.389,.