Today we will analyze the stock COGNIZANT TECH SO-A (COZ.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in COGNIZANT TECH SO-A (COZ.F)
1- Last bullish trend was from 68.70 $ (2/5/2014) to 76.44 $ (3/5/2014) a 7.74 $ move 2- The current bearish trend started from 76.44 $ at 3/5/2014 and is currently trading at 38.11 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
COGNIZANT TECH SO-A (COZ.F) Short term stock chart patterns for internet stock trading :

COGNIZANT TECH SO-A (COZ.F) Mid term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 68.700 and 52.660 that was broken down at 38.320 transforming into a resistance line.
COGNIZANT TECH SO-A (COZ.F) Long term stock chart patterns for internet stock trading :


Stock Trading Conclusion:
COGNIZANT TECH SO-A (COZ.F) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 47.16, 52.75, 57.28, 61.80, 71.75, 76.44.
Stock Support levels :.