Stock Technical indicators to notice in Cel-sci Corporation (CVM)
1- Last bullish trend was from 0.51 $ (8/9/2010) to 0.53 $ (8/10/2010) a 0.02 $ move 2- The current bearish trend started from 0.53 $ at 8/10/2010 and is currently trading at 0.49 $.
Cel-sci Corporation (CVM) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.050 $ height triangle which was broken up at 0.490, target of the pattern is 0.540 which was broken down at 0.500 in higher than usual volume, target of the pattern is 0.450.
Cel-sci Corporation (CVM) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 0.100 $ height triangle which was broken down at 0.500 in higher than usual volume, target of the pattern is 0.400.
Cel-sci Corporation (CVM) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.100 $ height triangle which was broken down at 0.500 in higher than usual volume, target of the pattern is 0.400.
Stock Trading Conclusion:
Cel-sci Corporation (CVM) was trading in a bearish wave, which is becoming stronger .
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 : 0.499, 0.505, 0.510, 0.515, 0.530, 0.540, 0.562, 0.595.
Stock Support levels : 0.490, 0.450, 0.400,.