Today we will analyze the stock GOLDEN VALLEY MINES LTD. (Tier2 (GZZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GOLDEN VALLEY MINES LTD. (Tier2 (GZZ.V)
1- Last bullish trend was from 0.13 $ (4/30/2012) to 0.14 $ (5/3/2012) a 0.01 $ move 2- The current bearish trend started from 0.14 $ at 5/3/2012 and is currently trading at 0.13 $.
3- GZZ.V current support level is at 0.13 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- GZZ.V current resistance level is at 0.13 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GOLDEN VALLEY MINES LTD. (Tier2 (GZZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.130 $ and 0.140 $.

GOLDEN VALLEY MINES LTD. (Tier2 (GZZ.V) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.130 $ and 0.140 $.

GOLDEN VALLEY MINES LTD. (Tier2 (GZZ.V) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.150 and 0.160,resistance between 0.170 and 0.180 which was broken up at 0.130.

Stock Trading Conclusion:
GOLDEN VALLEY MINES LTD. (Tier2 (GZZ.V) was trading in a bearish wave, which is becoming weaker .
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 : 0.132, 0.134, 0.135, 0.136, 0.138, 0.140, 0.150,.
Stock Support levels : 0.127, 0.124,.