Today we will analyze the stock MANO RIVER RESOURCES INC. (Tier (MNO.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in MANO RIVER RESOURCES INC. (Tier (MNO.V)
1- Last bearish trend was from 0.13 $ (9/17/2009) to 0.11 $ (9/18/2009) a 0.02 $ move 2- The current bullish trend started from 0.11 $ at 9/18/2009 and is currently trading at 0.14 $.
3- MNO.V current support level is at 0.14 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- MNO.V current resistance level is at 0.14 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MANO RIVER RESOURCES INC. (Tier (MNO.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.130 that failed, and formed a support .
7- The Stock was supported by a support line, identified by two points: 0.110 and 0.100 that was broken down at 0.140 transforming into a resistance line.
MANO RIVER RESOURCES INC. (Tier (MNO.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.130 that failed, and formed a support .
9- The Stock was supported by a support line, identified by two points: 0.110 and 0.100 that was broken down at 0.140 transforming into a resistance line.
MANO RIVER RESOURCES INC. (Tier (MNO.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.130 that failed, and formed a support .
11- The Stock was supported by a support line, identified by two points: 0.110 and 0.100 that was broken down at 0.140 transforming into a resistance line.

Stock Trading Conclusion:
MANO RIVER RESOURCES INC. (Tier (MNO.V) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.142, 0.142.
Stock Support levels : 0.135, 0.133, 0.130, 0.129, 0.125, 0.122, 0.121, 0.120, 0.118, 0.115, 0.110,.