REDSTAR GOLD CORP (Tier2) (CDNX: RGC.V) (CVE:RGC) Stock Research Trends Targets and Technical Analysis - TSX Venture toronto stock exchange [en]

Today we will analyze the stock REDSTAR GOLD CORP (Tier2) (RGC.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in REDSTAR GOLD CORP (Tier2) (RGC.V)
1- Last bullish trend was from 0.23 $ (3/9/2010) to 0.24 $ (3/10/2010) a 0.01 $ move 2- The current bearish trend started from 0.24 $ at 3/10/2010 and is currently trading at 0.19 $. 3- According to ADX Indicator, the trend is currently strong bearish, 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.
REDSTAR GOLD CORP (Tier2) (RGC.V) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.240 .
5- The Stock formed a 0.020 $ height triangle which was broken down at 0.200 in higher than usual volume, target of the pattern is 0.180.
REDSTAR GOLD CORP (Tier2) (RGC.V) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.220 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.240 and 0.250, and is currently resisting at 0.235.
REDSTAR GOLD CORP (Tier2) (RGC.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.220 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 0.240 and 0.250, and is currently resisting at 0.235.

Stock Trading Conclusion:
REDSTAR GOLD CORP (Tier2) (RGC.V) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.202, 0.209, 0.215, 0.220, 0.221, 0.235, 0.240, 0.240.
Stock Support levels : 0.180.