Today we will analyze the stock COST PLUS (CALIF) (CP7.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in COST PLUS (CALIF) (CP7.F)
1- Last bearish trend was from 17.52 $ (6/6/2012) to 16.93 $ (6/18/2012) a 0.59 $ move 2- The current bullish trend started from 16.93 $ at 6/18/2012 and is currently trading at 17.33 $.
3- CP7.F current support level is at 17.29 which is the 61.80 % fibonacci retracement of the last 0.59 $ move.
4- CP7.F current resistance level is at 17.52 which is the 100.00 % fibonacci retracement of the last 0.59 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
COST PLUS (CALIF) (CP7.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 16.930 and 13.510,resistance between 17.520 and 14.890 which was broken down at 17.010.
COST PLUS (CALIF) (CP7.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 13.510 and 12.820, and is currently supporting at 15.052.
COST PLUS (CALIF) (CP7.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 13.510 and 9.730,resistance between 14.960 and 11.470, the stock channel is currently supported from below by 16.775 and resisted from above by 18.526.

Stock Trading Conclusion:
COST PLUS (CALIF) (CP7.F) was trading in a strong 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 : 17.52, 17.68, 17.88, 18.15.
Stock Support levels : 17.29, 17.24, 17.23, 17.18, 17.16, 17.13, 17.08, 17.07, 16.93, 15.05,.