Today we will analyze the stock ROCKY OLD MAN ENERGY INC. (Tier (RO.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ROCKY OLD MAN ENERGY INC. (Tier (RO.V)
1- Last bearish trend was from 0.18 $ (11/24/2008) to 0.11 $ (5/11/2009) a 0.07 $ move 2- The current bullish trend started from 0.11 $ at 5/11/2009 and is currently trading at 0.20 $.
3- RO.V current support level is at 0.20 which is the 127.20 % fibonacci retracement of the last 0.07 $ move.
4- RO.V current resistance level is at 0.22 which is the 161.80 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
ROCKY OLD MAN ENERGY INC. (Tier (RO.V) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.200 that was broken up at 0.180 transforming into a supporting line.
ROCKY OLD MAN ENERGY INC. (Tier (RO.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.200 that was broken up at 0.180 transforming into a supporting line.
ROCKY OLD MAN ENERGY INC. (Tier (RO.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.200 that was broken up at 0.180 transforming into a supporting line.

Stock Trading Conclusion:
ROCKY OLD MAN ENERGY INC. (Tier (RO.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.223.
Stock Support levels : 0.199, 0.180, 0.179, 0.166, 0.155, 0.153, 0.145, 0.144, 0.137, 0.127, 0.110, 0.045,.