Today we will analyze the stock COMVERSE TECH (CMV.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in COMVERSE TECH (CMV.F)
1- Last bullish trend was from 2.77 $ (1/1/2013) to 3.33 $ (1/21/2013) a 0.56 $ move 2- The current bearish trend started from 3.33 $ at 1/21/2013 and is currently trading at 3.21 $.
3- CMV.F current support level is at 3.20 which is the 23.60 % fibonacci retracement of the last 0.56 $ move.
4- CMV.F current resistance level is at 3.33 which is the 0.00 % fibonacci retracement of the last 0.56 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
COMVERSE TECH (CMV.F) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.770 and 2.440, and is currently supporting at 3.017.
COMVERSE TECH (CMV.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.330 and 4.970 that was broken up at 3.210 transforming into a supporting line.
COMVERSE TECH (CMV.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4.970 and 5.060, and is currently resisting at 4.930.

Stock Trading Conclusion:
COMVERSE TECH (CMV.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 : 3.24, 3.26, 3.27, 3.28, 3.33, 4.93.
Stock Support levels : 3.20, 3.12, 3.05, 3.04, 3.02, 2.98, 2.77, 2.62,.