Today we will analyze the stock CONET TECH VZ (CT71.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CONET TECH VZ (CT71.F)
1- Last bullish trend was from 2.58 $ (2/17/2014) to 2.79 $ (3/4/2014) a 0.21 $ move 2- The current bearish trend started from 2.79 $ at 3/4/2014 and is currently trading at 2.70 $.
3- CT71.F current support level is at 2.68 which is the 50.00 % fibonacci retracement of the last 0.21 $ move.
4- CT71.F current resistance level is at 2.71 which is the 38.20 % fibonacci retracement of the last 0.21 $ 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.
CONET TECH VZ (CT71.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.340 $ height triangle which was broken down at 2.700, target of the pattern is 2.360.
CONET TECH VZ (CT71.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.580 and 2.510 that was broken down at 2.700 transforming into a resistance line.
CONET TECH VZ (CT71.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 2.510 .

Stock Trading Conclusion:
CONET TECH VZ (CT71.F) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 2.71, 2.72, 2.73, 2.74, 2.74, 2.76, 2.79, 2.79,.
Stock Support levels : 2.68, 2.66, 2.58, 2.52, 2.49, 2.45,.