Today we will analyze the stock CASEY'S GEN STOR (CS2.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CASEY'S GEN STOR (CS2.F)
1- Last bullish trend was from 48.45 $ (2/14/2014) to 50.30 $ (3/5/2014) a 1.85 $ move 2- The current bearish trend started from 50.30 $ at 3/5/2014 and is currently trading at 47.54 $.
3- CS2.F current support level is at 47.31 which is the 161.80 % fibonacci retracement of the last 1.85 $ move.
4- CS2.F current resistance level is at 47.95 which is the 127.20 % fibonacci retracement of the last 1.85 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CASEY'S GEN STOR (CS2.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.620 $ height triangle which was broken down at 48.530, target of the pattern is 45.910.
CASEY'S GEN STOR (CS2.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 50.800 and 57.350, and is currently resisting at 48.071.
CASEY'S GEN STOR (CS2.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 43.510 and 40.290,resistance between 57.350 and 48.200 which was broken down at 50.980.

Stock Trading Conclusion:
CASEY'S GEN STOR (CS2.F) was trading in a bearish wave, which is becoming stronger .
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 : 47.95, 48.07, 48.19, 48.45, 48.59, 48.78, 48.92, 49.16, 49.25, 49.38, 49.59, 49.86, 50.30, 55.92.
Stock Support levels : 47.31,.