Today we will analyze the stock CANAAN INT I (CANAAN.BO) for internet stock trading in the BO stock market,
Stock Technical indicators to notice in CANAAN INT I (CANAAN.BO)
1- Last bearish trend was from 5.49 $ (4/26/2012) to 5.22 $ (4/30/2012) a 0.27 $ move 2- The current bullish trend started from 5.22 $ at 4/30/2012 and is currently trading at 5.75 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CANAAN INT I (CANAAN.BO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.210 $ height triangle which was broken up at 5.480, target of the pattern is 6.690.
CANAAN INT I (CANAAN.BO) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 4.990 and 5.680,resistance between 6.200 and 6.940 which was broken up at 5.750.
CANAAN INT I (CANAAN.BO) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 4.990 and 5.680,resistance between 6.200 and 6.940 which was broken up at 5.750.

Stock Trading Conclusion:
CANAAN INT I (CANAAN.BO) 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 : 6.69.
Stock Support levels : 5.62, 5.55, 5.52, 5.48, 5.42, 5.22,.