Today we will analyze the stock CENES PHARMACE (CQGA.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CENES PHARMACE (CQGA.F)
1- Last bullish trend was from 0.40 $ (6/11/2008) to 0.43 $ (6/12/2008) a 0.03 $ move 2- The current bearish trend started from 0.43 $ at 6/12/2008 and is currently trading at 0.42 $.
3- CQGA.F current support level is at 0.42 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
4- CQGA.F current resistance level is at 0.42 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish, 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.
CENES PHARMACE (CQGA.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.400 and 0.380,resistance between 0.430 and 0.420, the stock channel is currently supported from below by 0.416 and resisted from above by 0.440.
CENES PHARMACE (CQGA.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.080 $ height triangle which was broken up at 0.410 in higher than usual volume, target of the pattern is 0.490.
CENES PHARMACE (CQGA.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.080 $ height triangle which was broken up at 0.410 in higher than usual volume, target of the pattern is 0.490.

Stock Trading Conclusion:
CENES PHARMACE (CQGA.F) was trading in a bullish wave, which is becoming stronger .
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 : 0.422, 0.423, 0.424, 0.425, 0.426, 0.430, 0.490,.
Stock Support levels : 0.419, 0.415, 0.411, 0.400, 0.392, 0.381, 0.322,.