Today we will analyze the stock CAP MINING FPO (CMY.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in CAP MINING FPO (CMY.AX)
1- Last bearish trend was from 0.03 $ (1/17/2012) to 0.02 $ (1/20/2012) a 0.01 $ move 2- The current bullish trend started from 0.02 $ at 1/20/2012 and is currently trading at 0.03 $.
3- CMY.AX current support level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- CMY.AX current resistance level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
CAP MINING FPO (CMY.AX) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.020 .
8- The Stock formed a 0.020 $ height triangle which was broken up at 0.030, target of the pattern is 0.050.
CAP MINING FPO (CMY.AX) Mid term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.020 .
10- The Stock formed a 0.020 $ height triangle which was broken up at 0.030, target of the pattern is 0.050.
CAP MINING FPO (CMY.AX) Long term stock chart patterns for internet stock trading :

11- The Stock formed Double Bottom Pattern at 0.020 .
12- The Stock formed a 0.020 $ height triangle which was broken up at 0.030, target of the pattern is 0.050.

Stock Trading Conclusion:
CAP MINING FPO (CMY.AX) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.033, 0.036, 0.040, 0.050,.
Stock Support levels : 0.029, 0.028, 0.026, 0.025, 0.024, 0.022, 0.020,.