Today we will analyze the stock SELWYN RESOURCES LTD (Tier1) (SWN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in SELWYN RESOURCES LTD (Tier1) (SWN.V)
1- Last bullish trend was from 0.20 $ (1/5/2012) to 0.22 $ (1/6/2012) a 0.02 $ move 2- The current bearish trend started from 0.22 $ at 1/6/2012 and is currently trading at 0.18 $.
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.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.200 that failed and formed a resistance.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Top Pattern at 0.220 .
6- The Stock formed a 0.040 $ height triangle which was broken down at 0.210, target of the pattern is 0.170.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.220 .
8- The Stock formed a 0.040 $ height triangle which was broken down at 0.210, target of the pattern is 0.170.

Stock Trading Conclusion:
SELWYN RESOURCES LTD (Tier1) (SWN.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 : 0.189, 0.195, 0.200, 0.205, 0.220, 0.235,.
Stock Support levels : 0.170,.