Today we will analyze the stock CANSTAR RESOURCES (9IU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CANSTAR RESOURCES (9IU.BE)
1- Last bearish trend was from 0.08 $ (4/6/2011) to 0.07 $ (4/7/2011) a 0.01 $ move 2- The current bullish trend started from 0.07 $ at 4/7/2011 and is currently trading at 0.08 $.
3- 9IU.BE current support level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- 9IU.BE current resistance level is at 0.08 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CANSTAR RESOURCES (9IU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.070 $ and 0.080 $.

CANSTAR RESOURCES (9IU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.070 $ and 0.080 $.

CANSTAR RESOURCES (9IU.BE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.070 $ and 0.080 $.


Stock Trading Conclusion:
CANSTAR RESOURCES (9IU.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.083, 0.086, 0.100.
Stock Support levels : 0.078, 0.076, 0.075, 0.074, 0.072, 0.070,.