Today we will analyze the stock CARACO PHARM LABS (CPY.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CARACO PHARM LABS (CPY.F)
1- Last bearish trend was from 3.68 $ (5/23/2011) to 3.50 $ (6/7/2011) a 0.18 $ move 2- The current bullish trend started from 3.50 $ at 6/7/2011 and is currently trading at 3.57 $.
3- CPY.F current support level is at 3.57 which is the 38.20 % fibonacci retracement of the last 0.18 $ move.
4- CPY.F current resistance level is at 3.59 which is the 50.00 % fibonacci retracement of the last 0.18 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bearish Divergance in MACD Indicator .
7- Bullish Divergance in MACD Indicator .
CARACO PHARM LABS (CPY.F) Short term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 3.500 .
9- The Stock formed a 0.320 $ height triangle which was broken up at 3.670, target of the pattern is 3.990.
CARACO PHARM LABS (CPY.F) Mid term stock chart patterns for internet stock trading :

10- The Stock was supported by a support line, identified by two points: 3.400 and 3.260, and is currently supporting at 3.464.
CARACO PHARM LABS (CPY.F) Long term stock chart patterns for internet stock trading :

11- The Stock formed a 1.040 $ height triangle which was broken up at 3.640, target of the pattern is 4.680 which was broken down at 3.510, target of the pattern is 2.470.

Stock Trading Conclusion:
CARACO PHARM LABS (CPY.F) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 3.59, 3.61, 3.68, 3.73, 3.79, 3.86, 3.99, 4.68.
Stock Support levels : 3.57, 3.55, 3.54, 3.54, 3.53, 3.53, 3.50, 3.46, 3.34, 3.07,.