Today we will analyze the stock GALVANIC APPLIED SCIENCES INC ( (GAV.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GALVANIC APPLIED SCIENCES INC ( (GAV.V)
1- Last bullish trend was from 0.86 $ (5/2/2012) to 0.90 $ (5/3/2012) a 0.04 $ move 2- The current bearish trend started from 0.90 $ at 5/3/2012 and is currently trading at 0.85 $.
3- GAV.V current support level is at 0.85 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- GAV.V current resistance level is at 0.86 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GALVANIC APPLIED SCIENCES INC ( (GAV.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.900 .
7- The Stock formed a 0.090 $ height triangle which was broken down at 0.850 in higher than usual volume, target of the pattern is 0.760.
GALVANIC APPLIED SCIENCES INC ( (GAV.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.140 $ height triangle which was broken up at 0.840, target of the pattern is 0.980 which was broken down at 0.850 in higher than usual volume, target of the pattern is 0.710.
GALVANIC APPLIED SCIENCES INC ( (GAV.V) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.140 $ height triangle which was broken up at 0.840, target of the pattern is 0.980 which was broken down at 0.850 in higher than usual volume, target of the pattern is 0.710.

Stock Trading Conclusion:
GALVANIC APPLIED SCIENCES INC ( (GAV.V) was trading in a strong 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 : 0.860, 0.862, 0.868, 0.869, 0.875, 0.875, 0.880, 0.881, 0.885, 0.890, 0.891, 0.900, 0.980,.
Stock Support levels : 0.849, 0.835, 0.760, 0.710, 0.160,.