Today we will analyze the stock GREENFIELD FINANCIAL GROUP INC (GRF.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GREENFIELD FINANCIAL GROUP INC (GRF.V)
1- Last bullish trend was from 1.20 $ (11/9/2011) to 1.25 $ (11/10/2011) a 0.05 $ move 2- The current bearish trend started from 1.25 $ at 11/10/2011 and is currently trading at 1.20 $.
3- GRF.V current support level is at 1.19 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
4- GRF.V current resistance level is at 1.20 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
GREENFIELD FINANCIAL GROUP INC (GRF.V) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 1.200 and 1.500,resistance between 1.250 and 1.550 which was broken up at 1.200.
GREENFIELD FINANCIAL GROUP INC (GRF.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 1.500 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 1.600 and 1.670 that was broken up at 1.200 transforming into a supporting line.
GREENFIELD FINANCIAL GROUP INC (GRF.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed a 1.870 $ height triangle which was broken up at 1.600, target of the pattern is 3.470 which was broken down at 1.500 in higher than usual volume, target of the pattern is -0.370.

Stock Trading Conclusion:
GREENFIELD FINANCIAL GROUP INC (GRF.V) was trading in a strong bearish wave, which is becoming stronger .
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 : 1.21, 1.22, 1.23, 1.23, 1.24, 1.25, 1.50, 3.47, 3.49.
Stock Support levels : 1.19, 1.17, 0.85, 0.69, -0.37,.