Today we will analyze the stock VALDEZ GOLD INC (Tier2) (VAZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in VALDEZ GOLD INC (Tier2) (VAZ.V)
1- Last bullish trend was from 0.55 $ (12/16/2010) to 0.69 $ (12/21/2010) a 0.14 $ move 2- The current bearish trend started from 0.69 $ at 12/21/2010 and is currently trading at 0.65 $.
3- VAZ.V current support level is at 0.64 which is the 38.20 % fibonacci retracement of the last 0.14 $ move.
4- VAZ.V current resistance level is at 0.66 which is the 23.60 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
VALDEZ GOLD INC (Tier2) (VAZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.550 and 0.500,resistance between 0.690 and 0.570 which was broken down at 0.650.
VALDEZ GOLD INC (Tier2) (VAZ.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.500 and 0.450 that was broken down at 0.650 transforming into a resistance line.
VALDEZ GOLD INC (Tier2) (VAZ.V) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.450 and 0.140, and is currently supporting at 0.488.

Stock Trading Conclusion:
VALDEZ GOLD INC (Tier2) (VAZ.V) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.657, 0.659, 0.665, 0.670, 0.675, 0.675, 0.690,.
Stock Support levels : 0.637, 0.620, 0.603, 0.550, 0.512, 0.488,.