Today we will analyze the stock GLEICHEN RESOURCES LTD (Tier2) (GRL.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GLEICHEN RESOURCES LTD (Tier2) (GRL.V)
1- Last bullish trend was from 0.96 $ (2/5/2010) to 1.03 $ (2/12/2010) a 0.07 $ move 2- The current bearish trend started from 1.03 $ at 2/12/2010 and is currently trading at 0.97 $.
3- GRL.V current support level is at 0.96 which is the 100.00 % fibonacci retracement of the last 0.07 $ move.
4- GRL.V current resistance level is at 0.99 which is the 61.80 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
GLEICHEN RESOURCES LTD (Tier2) (GRL.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.030 and 1.100 that was broken up at 1.010 transforming into a supporting line.
GLEICHEN RESOURCES LTD (Tier2) (GRL.V) Mid term stock chart patterns for internet stock trading :

None.
GLEICHEN RESOURCES LTD (Tier2) (GRL.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
GLEICHEN RESOURCES LTD (Tier2) (GRL.V) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.984, 0.987, 0.993, 0.995, 1.000, 1.003, 1.007, 1.013, 1.030,.
Stock Support levels : 0.960, 0.960, 0.941,.