Today we will analyze the stock GRIZZLY DIAMONDS LTD. (Tier2) (GZD.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GRIZZLY DIAMONDS LTD. (Tier2) (GZD.V)
1- Last bullish trend was from 0.24 $ (4/30/2012) to 0.33 $ (5/4/2012) a 0.09 $ move 2- The current bearish trend started from 0.33 $ at 5/4/2012 and is currently trading at 0.30 $.
3- GZD.V current support level is at 0.30 which is the 38.20 % fibonacci retracement of the last 0.09 $ move.
4- GZD.V current resistance level is at 0.31 which is the 23.60 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
GRIZZLY DIAMONDS LTD. (Tier2) (GZD.V) Short term stock chart patterns for internet stock trading :

None.
GRIZZLY DIAMONDS LTD. (Tier2) (GZD.V) Mid term stock chart patterns for internet stock trading :

None.
GRIZZLY DIAMONDS LTD. (Tier2) (GZD.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
GRIZZLY DIAMONDS LTD. (Tier2) (GZD.V) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.307, 0.309, 0.311, 0.315, 0.319, 0.330,.
Stock Support levels : 0.296, 0.285, 0.274, 0.240, 0.216,.