Stock Technical indicators to notice in CON VALUE (CVK.BE)
1- Last bullish trend was from 6.23 $ (10/14/2009) to 6.46 $ (11/6/2009) a 0.23 $ move 2- The current bearish trend started from 6.46 $ at 11/6/2009 and is currently trading at 6.05 $.
CON VALUE (CVK.BE) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 6.230 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 6.460 .
6- The Stock formed a 0.260 $ height triangle which was broken down at 6.230, target of the pattern is 5.970.
CON VALUE (CVK.BE) Mid term stock chart patterns for internet stock trading :
None.
CON VALUE (CVK.BE) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
CON VALUE (CVK.BE) was trading in a strong bullish wave, which is becoming stronger .
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 : 6.15, 6.21, 6.26, 6.29, 6.29, 6.29, 6.30, 6.46,.
Stock Support levels : 5.97.
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