Today we will analyze the stock RANDSBURG INTERNATIONAL GOLD CO (RGZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in RANDSBURG INTERNATIONAL GOLD CO (RGZ.V)
1- Last bullish trend was from 0.07 $ (5/3/2012) to 0.08 $ (5/4/2012) a 0.01 $ move 2- The current bearish trend started from 0.08 $ at 5/4/2012 and is currently trading at 0.07 $.
3- RGZ.V current support level is at 0.07 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- RGZ.V current resistance level is at 0.07 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
RANDSBURG INTERNATIONAL GOLD CO (RGZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.080 .
7- The Stock formed a 0.020 $ height triangle which was broken down at 0.070 in higher than usual volume, target of the pattern is 0.050.
RANDSBURG INTERNATIONAL GOLD CO (RGZ.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.080 .
9- The Stock formed a 0.020 $ height triangle which was broken down at 0.070 in higher than usual volume, target of the pattern is 0.050.
RANDSBURG INTERNATIONAL GOLD CO (RGZ.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.080 .
11- The Stock formed a 0.020 $ height triangle which was broken down at 0.070 in higher than usual volume, target of the pattern is 0.050.

Stock Trading Conclusion:
RANDSBURG INTERNATIONAL GOLD CO (RGZ.V) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.072, 0.072, 0.074, 0.075, 0.076, 0.078, 0.080,.
Stock Support levels : 0.067, 0.064, 0.050,.