Today we will analyze the stock CO.DON (CNW.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CO.DON (CNW.F)
1- Last bullish trend was from 0.62 $ (8/26/2011) to 0.64 $ (8/29/2011) a 0.02 $ move 2- The current bearish trend started from 0.64 $ at 8/29/2011 and is currently trading at 0.61 $.
3- CNW.F current support level is at 0.61 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- CNW.F current resistance level is at 0.61 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CO.DON (CNW.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.640 .
7- The Stock formed a 0.030 $ height triangle which was broken down at 0.610 in higher than usual volume, target of the pattern is 0.580.
CO.DON (CNW.F) Mid term stock chart patterns for internet stock trading :

None.
CO.DON (CNW.F) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CO.DON (CNW.F) was trading in a bullish 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 : 0.615, 0.617, 0.620, 0.621, 0.625, 0.628, 0.629, 0.630, 0.632, 0.635, 0.640,.
Stock Support levels : 0.608,.