Today we will analyze the stock CANON (CNN1.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CANON (CNN1.F)
1- Last bullish trend was from 21.10 $ (2/6/2014) to 22.58 $ (2/28/2014) a 1.48 $ move 2- The current bearish trend started from 22.58 $ at 2/28/2014 and is currently trading at 21.57 $.
3- CNN1.F current support level is at 21.10 which is the 100.00 % fibonacci retracement of the last 1.48 $ move.
4- CNN1.F current resistance level is at 21.67 which is the 61.80 % fibonacci retracement of the last 1.48 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CANON (CNN1.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 22.580 and 23.350, and is currently resisting at 22.426.
CANON (CNN1.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 24.510 .
CANON (CNN1.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 26.510 that failed and formed a resistance.
9- The Stock was supported by a support line, identified by two points: 26.510 and 26.390 that was broken down at 25.550 transforming into a resistance line.

Stock Trading Conclusion:
CANON (CNN1.F) was trading in a bearish wave, which is becoming weaker .
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 : 21.67, 21.81, 21.84, 21.96, 22.01, 22.08, 22.19, 22.23, 22.43, 22.58, 24.56, 27.64,.
Stock Support levels : 21.10, 20.70,.