Today we will analyze the stock CONERGY (CGY.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CONERGY (CGY.BE)
1- Last bearish trend was from 0.46 $ (3/28/2011) to 0.37 $ (4/6/2011) a 0.09 $ move 2- The current bullish trend started from 0.37 $ at 4/6/2011 and is currently trading at 0.38 $.
3- CGY.BE current support level is at 0.37 which is the 0.00 % fibonacci retracement of the last 0.09 $ move.
4- CGY.BE current resistance level is at 0.39 which is the 23.60 % fibonacci retracement of the last 0.09 $ 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 .
CONERGY (CGY.BE) Short term stock chart patterns for internet stock trading :

None.
CONERGY (CGY.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.390 and 0.380 that was broken down at 0.400 transforming into a resistance line.
CONERGY (CGY.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.390 and 0.380 that was broken down at 0.400 transforming into a resistance line.

Stock Trading Conclusion:
CONERGY (CGY.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.391, 0.404, 0.415, 0.426, 0.450, 0.460, 0.484, 0.516.
Stock Support levels : 0.378, 0.376, 0.375, 0.374, 0.370,.