Today we will analyze the stock CHEMRING GRP (CMN.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CHEMRING GRP (CMN.F)
1- Last bearish trend was from 40.00 $ (3/9/2011) to 36.89 $ (3/17/2011) a 3.11 $ move 2- The current bullish trend started from 36.89 $ at 3/17/2011 and is currently trading at 39.69 $.
3- CMN.F current support level is at 38.81 which is the 61.80 % fibonacci retracement of the last 3.11 $ move.
4- CMN.F current resistance level is at 40.00 which is the 100.00 % fibonacci retracement of the last 3.11 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHEMRING GRP (CMN.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 40.000 and 42.530 that was broken up at 38.990 transforming into a supporting line.
CHEMRING GRP (CMN.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 36.890 and 33.690, and is currently supporting at 37.168.
CHEMRING GRP (CMN.F) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHEMRING GRP (CMN.F) 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 : 40.00, 40.85, 41.92.
Stock Support levels : 39.03, 38.81, 38.62, 38.51, 38.44, 38.29, 38.08, 37.96, 37.62, 37.17, 36.89,.