Stock Technical indicators to notice in CHINA SCI-TECH HLDG (CVH2.BE)
1- Last bullish trend was from 0.01 $ (5/28/2008) to 1.25 $ (3/31/2009) a 1.24 $ move 2- The current bearish trend started from 1.25 $ at 3/31/2009 and is currently trading at 0.05 $.
4- CVH2.BE current resistance level is at 0.48 which is the 61.80 % fibonacci retracement of the last 1.24 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CHINA SCI-TECH HLDG (CVH2.BE) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.010 .
CHINA SCI-TECH HLDG (CVH2.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.010 .
CHINA SCI-TECH HLDG (CVH2.BE) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.010 .
Stock Trading Conclusion:
CHINA SCI-TECH HLDG (CVH2.BE) was trading in a bearish 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 : 0.333, 0.484, 0.508, 0.630, 0.650, 0.776, 0.792, 0.957, 1.250,.
Stock Support levels : 0.010, 0.010, -0.327,.