Today we will analyze the stock WESTERN TROY CAP RES INC (Tier2 (WRY.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in WESTERN TROY CAP RES INC (Tier2 (WRY.V)
1- Last bullish trend was from 0.15 $ (1/24/2012) to 0.19 $ (1/25/2012) a 0.04 $ move 2- The current bearish trend started from 0.19 $ at 1/25/2012 and is currently trading at 0.16 $.
3- WRY.V current support level is at 0.15 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- WRY.V current resistance level is at 0.17 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
WESTERN TROY CAP RES INC (Tier2 (WRY.V) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.150 and 0.140 that was broken down at 0.160 transforming into a resistance line.
WESTERN TROY CAP RES INC (Tier2 (WRY.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.150 and 0.140 that was broken down at 0.160 transforming into a resistance line.
WESTERN TROY CAP RES INC (Tier2 (WRY.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.140 .

Stock Trading Conclusion:
WESTERN TROY CAP RES INC (Tier2 (WRY.V) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.160, 0.165, 0.167, 0.170, 0.171, 0.175, 0.175, 0.179, 0.181, 0.190,.
Stock Support levels : 0.150, 0.140, 0.139,.