Today we will analyze the stock CANGOLD (CLD.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CANGOLD (CLD.F)
1- Last bearish trend was from 0.07 $ (4/18/2011) to 0.04 $ (5/23/2011) a 0.03 $ move 2- The current bullish trend started from 0.04 $ at 5/23/2011 and is currently trading at 0.06 $.
3- CLD.F current support level is at 0.06 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
4- CLD.F current resistance level is at 0.07 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
CANGOLD (CLD.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.110 that was broken up at 0.060 transforming into a supporting line.
CANGOLD (CLD.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.110 that was broken up at 0.060 transforming into a supporting line.
CANGOLD (CLD.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.110 that was broken up at 0.060 transforming into a supporting line.

Stock Trading Conclusion:
CANGOLD (CLD.F) was trading in a strong bullish 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 : 0.070, 0.078, 0.089.
Stock Support levels : 0.059, 0.055, 0.055, 0.052, 0.051, 0.050, 0.048, 0.047, 0.040, -0.030,.