Today we will analyze the stock CALLAWAY GOLF (CLY.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CALLAWAY GOLF (CLY.F)
1- Last bearish trend was from 6.75 $ (1/20/2014) to 5.79 $ (2/13/2014) a 0.96 $ move 2- The current bullish trend started from 5.79 $ at 2/13/2014 and is currently trading at 6.30 $.
3- CLY.F current support level is at 6.27 which is the 50.00 % fibonacci retracement of the last 0.96 $ move.
4- CLY.F current resistance level is at 6.38 which is the 61.80 % fibonacci retracement of the last 0.96 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
CALLAWAY GOLF (CLY.F) Short term stock chart patterns for internet stock trading :

None.
CALLAWAY GOLF (CLY.F) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 5.790 and 5.390,resistance between 6.750 and 6.270, the stock channel is currently supported from below by 5.945 and resisted from above by 7.030.
CALLAWAY GOLF (CLY.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 5.790 and 5.390,resistance between 6.750 and 6.270, the stock channel is currently supported from below by 5.945 and resisted from above by 7.030.

Stock Trading Conclusion:
CALLAWAY GOLF (CLY.F) was trading in a 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 : 6.38, 6.75, 7.01, 7.34.
Stock Support levels : 6.27, 6.18, 6.16, 6.11, 6.05, 6.02, 5.98, 5.79,.