Today we will analyze the stock COHERENT (COI.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in COHERENT (COI.F)
1- Last bearish trend was from 48.50 $ (2/10/2014) to 46.79 $ (2/12/2014) a 1.71 $ move 2- The current bullish trend started from 46.79 $ at 2/12/2014 and is currently trading at 49.65 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
COHERENT (COI.F) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 46.790 .
5- The Stock formed Double Top Pattern at 48.500 that failed, and formed a support .
6- The Stock formed a 1.700 $ height triangle which was broken up at 48.280, target of the pattern is 49.980.
COHERENT (COI.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 46.790 and 40.780, and is currently supporting at 47.578.
COHERENT (COI.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 40.780 .

Stock Trading Conclusion:
COHERENT (COI.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 : 49.98.
Stock Support levels : 48.98, 48.56, 48.22, 47.88, 47.58, 47.48, 46.79, 46.40, 45.75,.