Today we will analyze the stock ELODA CORPORATION (Tier2) (ELA.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ELODA CORPORATION (Tier2) (ELA.V)
1- Last bullish trend was from 0.01 $ (10/1/2009) to 0.02 $ (10/5/2009) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 10/5/2009 and is currently trading at 0.01 $.
3- ELA.V current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- ELA.V current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
ELODA CORPORATION (Tier2) (ELA.V) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

ELODA CORPORATION (Tier2) (ELA.V) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

ELODA CORPORATION (Tier2) (ELA.V) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.


Stock Trading Conclusion:
ELODA CORPORATION (Tier2) (ELA.V) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007,.