Today we will analyze the stock CHESAPEAKE (CKY.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CHESAPEAKE (CKY.F)
1- Last bullish trend was from 0.40 $ (10/3/2008) to 0.44 $ (10/6/2008) a 0.04 $ move 2- The current bearish trend started from 0.44 $ at 10/6/2008 and is currently trading at 0.09 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
4- Bullish Divergance in MACD Indicator .
CHESAPEAKE (CKY.F) Short term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.440 and 0.470 that was broken up at 0.090 transforming into a supporting line.
CHESAPEAKE (CKY.F) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.440 and 0.470 that was broken up at 0.090 transforming into a supporting line.
CHESAPEAKE (CKY.F) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.440 and 0.470 that was broken up at 0.090 transforming into a supporting line.

Stock Trading Conclusion:
CHESAPEAKE (CKY.F) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 0.173, 0.224, 0.265, 0.306, 0.440.
Stock Support levels : -0.508,.