Today we will analyze the stock SALMON RIVER RESOURCES LTD. (Ti (SAL.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in SALMON RIVER RESOURCES LTD. (Ti (SAL.V)
1- Last bullish trend was from 0.22 $ (3/19/2012) to 0.30 $ (4/27/2012) a 0.08 $ move 2- The current bearish trend started from 0.30 $ at 4/27/2012 and is currently trading at 0.28 $.
3- SAL.V current support level is at 0.27 which is the 38.20 % fibonacci retracement of the last 0.08 $ move.
4- SAL.V current resistance level is at 0.28 which is the 23.60 % fibonacci retracement of the last 0.08 $ move.
5- 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.
SALMON RIVER RESOURCES LTD. (Ti (SAL.V) Short term stock chart patterns for internet stock trading :

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SALMON RIVER RESOURCES LTD. (Ti (SAL.V) Mid term stock chart patterns for internet stock trading :

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SALMON RIVER RESOURCES LTD. (Ti (SAL.V) Long term stock chart patterns for internet stock trading :

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Stock Trading Conclusion:
SALMON RIVER RESOURCES LTD. (Ti (SAL.V) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.281, 0.285, 0.288, 0.290, 0.292, 0.300,.
Stock Support levels : 0.269, 0.260, 0.251, 0.220, 0.198,.