Today we will analyze the stock CARDINAL HEALTH (CLH.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CARDINAL HEALTH (CLH.F)
1- Last bullish trend was from 47.90 $ (2/5/2014) to 52.93 $ (3/5/2014) a 5.03 $ move 2- The current bearish trend started from 52.93 $ at 3/5/2014 and is currently trading at 51.32 $.
3- CLH.F current support level is at 51.01 which is the 38.20 % fibonacci retracement of the last 5.03 $ move.
4- CLH.F current resistance level is at 51.74 which is the 23.60 % fibonacci retracement of the last 5.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CARDINAL HEALTH (CLH.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 47.900 and 47.240,resistance between 52.930 and 50.300, the stock channel is currently supported from below by 50.430 and resisted from above by 53.273.
CARDINAL HEALTH (CLH.F) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 47.240 and 33.720,resistance between 50.610 and 36.090, the stock channel is currently supported from below by 49.588 and resisted from above by 54.047.
CARDINAL HEALTH (CLH.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 31.110 and 29.080,resistance between 34.770 and 32.020 which was broken up at 38.610.

Stock Trading Conclusion:
CARDINAL HEALTH (CLH.F) was trading in a strong 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 : 51.70, 51.74, 51.94, 52.13, 52.31, 52.93,.
Stock Support levels : 51.01, 50.42, 49.82, 47.90, 46.53, 44.79,.