Today we will analyze the stock GOLD BULLION DEVELOPMENT CORP. (GBB.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GOLD BULLION DEVELOPMENT CORP. (GBB.V)
1- Last bullish trend was from 0.10 $ (4/27/2012) to 0.12 $ (5/2/2012) a 0.02 $ move 2- The current bearish trend started from 0.12 $ at 5/2/2012 and is currently trading at 0.10 $.
3- GBB.V current support level is at 0.09 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- GBB.V current resistance level is at 0.10 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
GOLD BULLION DEVELOPMENT CORP. (GBB.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.120 and 0.130, and is currently resisting at 0.117.
GOLD BULLION DEVELOPMENT CORP. (GBB.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.120 and 0.130, and is currently resisting at 0.117.
GOLD BULLION DEVELOPMENT CORP. (GBB.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.120 and 0.180, and is currently resisting at 0.111.

Stock Trading Conclusion:
GOLD BULLION DEVELOPMENT CORP. (GBB.V) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.105, 0.108, 0.110, 0.111, 0.112, 0.115, 0.117, 0.120,.
Stock Support levels : 0.095,.