Today we will analyze the stock GRAY ROCK RESOURCES LTD. (Tier2 (GRK.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GRAY ROCK RESOURCES LTD. (Tier2 (GRK.V)
1- Last bearish trend was from 0.10 $ (4/25/2011) to 0.06 $ (10/20/2011) a 0.04 $ move 2- The current bullish trend started from 0.06 $ at 10/20/2011 and is currently trading at 0.08 $.
3- GRK.V current support level is at 0.08 which is the 50.00 % fibonacci retracement of the last 0.04 $ move.
4- GRK.V current resistance level is at 0.08 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
GRAY ROCK RESOURCES LTD. (Tier2 (GRK.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.120 that was broken up at 0.060 transforming into a supporting line.
GRAY ROCK RESOURCES LTD. (Tier2 (GRK.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.120 that was broken up at 0.060 transforming into a supporting line.
GRAY ROCK RESOURCES LTD. (Tier2 (GRK.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.120 that was broken up at 0.060 transforming into a supporting line.

Stock Trading Conclusion:
GRAY ROCK RESOURCES LTD. (Tier2 (GRK.V) was trading in a strong bullish 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 : 0.085, 0.100, 0.111, 0.125.
Stock Support levels : 0.075, 0.072, 0.070, 0.069, 0.068, 0.060, -1.200,.