Stock Technical indicators to notice in COGECO CABLE (COG.BE)
1- Last bullish trend was from 30.48 $ (3/21/2011) to 32.77 $ (4/4/2011) a 2.29 $ move 2- The current bearish trend started from 32.77 $ at 4/4/2011 and is currently trading at 31.95 $.
4- COG.BE current resistance level is at 32.23 which is the 23.60 % fibonacci retracement of the last 2.29 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
COGECO CABLE (COG.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 30.480 .
COGECO CABLE (COG.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 30.480 .
8- The Stock formed a 2.290 $ height triangle.
COGECO CABLE (COG.BE) Long term stock chart patterns for internet stock trading :
9- The Stock formed a 3.940 $ height triangle which was broken up at 28.390, target of the pattern is 32.330.
Stock Trading Conclusion:
COGECO CABLE (COG.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 32.14, 32.23, 32.26, 32.33, 32.36, 32.46, 32.77,.
Stock Support levels : 31.90, 31.63, 31.35, 30.48, 30.47, 30.45, 29.86, 29.06,.
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