Today we will analyze the stock CANADIAN ROYALTIES (CRQ.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CANADIAN ROYALTIES (CRQ.F)
1- Last bearish trend was from 0.51 $ (12/10/2009) to 0.47 $ (12/30/2009) a 0.04 $ move 2- The current bullish trend started from 0.47 $ at 12/30/2009 and is currently trading at 0.48 $.
3- CRQ.F current support level is at 0.48 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
4- CRQ.F current resistance level is at 0.49 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CANADIAN ROYALTIES (CRQ.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.510 .
CANADIAN ROYALTIES (CRQ.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.470 and 0.400 that was broken down at 0.480 transforming into a resistance line.
CANADIAN ROYALTIES (CRQ.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.090 $ height triangle which was broken up at 0.450, target of the pattern is 0.540 which was broken down at 0.470, target of the pattern is 0.380.

Stock Trading Conclusion:
CANADIAN ROYALTIES (CRQ.F) was trading in a bearish 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 : 0.485, 0.490, 0.495, 0.510, 0.521, 0.535, 0.540, 0.603, 1.254.
Stock Support levels : 0.479, 0.478, 0.476, 0.475, 0.474, 0.470, 0.380,.