Today we will analyze the stock PROGRESS ENERGY (CRW.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PROGRESS ENERGY (CRW.F)
1- Last bearish trend was from 40.69 $ (4/5/2012) to 38.88 $ (4/13/2012) a 1.81 $ move 2- The current bullish trend started from 38.88 $ at 4/13/2012 and is currently trading at 48.31 $.
3- 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.
PROGRESS ENERGY (CRW.F) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 40.690 and 41.610 that was broken up at 39.990 transforming into a supporting line.
PROGRESS ENERGY (CRW.F) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 38.880 and 30.230, and is currently supporting at 41.450.
PROGRESS ENERGY (CRW.F) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 38.880 and 30.230, and is currently supporting at 41.450.

Stock Trading Conclusion:
PROGRESS ENERGY (CRW.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 : .
Stock Support levels : 46.08, 44.71, 43.60, 42.48, 41.45, 38.88,.