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 bearish trend was from 0.33 $ (8/13/2010) to 0.25 $ (8/30/2010) a 0.08 $ move 2- The current bullish trend started from 0.25 $ at 8/30/2010 and is currently trading at 0.26 $.
3- WRY.V current support level is at 0.25 which is the 0.00 % fibonacci retracement of the last 0.08 $ move.
4- WRY.V current resistance level is at 0.27 which is the 23.60 % fibonacci retracement of the last 0.08 $ 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 formed Double Top Pattern at 0.330 .
WESTERN TROY CAP RES INC (Tier2 (WRY.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.330 .
8- The Stock formed a 0.080 $ height triangle which was broken down at 0.270, target of the pattern is 0.190.
WESTERN TROY CAP RES INC (Tier2 (WRY.V) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 0.330 .
10- The Stock formed a 0.080 $ height triangle which was broken down at 0.270, target of the pattern is 0.190.

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 bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.269, 0.281, 0.290, 0.299, 0.330, 0.352, 0.379, 0.477,.
Stock Support levels : 0.258, 0.256, 0.255, 0.254, 0.250, 0.190,.