Today we will analyze the stock CALLINAN MINES (3C3.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CALLINAN MINES (3C3.BE)
1- Last bullish trend was from 1.97 $ (3/23/2011) to 2.30 $ (3/30/2011) a 0.33 $ move 2- The current bearish trend started from 2.30 $ at 3/30/2011 and is currently trading at 2.17 $.
3- 3C3.BE current support level is at 2.13 which is the 50.00 % fibonacci retracement of the last 0.33 $ move.
4- 3C3.BE current resistance level is at 2.17 which is the 38.20 % fibonacci retracement of the last 0.33 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CALLINAN MINES (3C3.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.300 .
7- The Stock formed a 0.350 $ height triangle.
CALLINAN MINES (3C3.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.970 and 1.940, and is currently supporting at 2.009.
CALLINAN MINES (3C3.BE) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 1.970 and 1.870,resistance between 2.290 and 2.090, the stock channel is currently supported from below by 2.078 and resisted from above by 2.490.

Stock Trading Conclusion:
CALLINAN MINES (3C3.BE) 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 : 2.17, 2.20, 2.22, 2.22, 2.24, 2.25, 2.30, 2.31.
Stock Support levels : 2.13, 2.10, 2.01, 1.97, 1.88,.