Today we will analyze the stock CATHAY PAC SP ADR (CTYA.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CATHAY PAC SP ADR (CTYA.F)
1- Last bearish trend was from 7.44 $ (2/18/2014) to 6.90 $ (2/27/2014) a 0.54 $ move 2- The current bullish trend started from 6.90 $ at 2/27/2014 and is currently trading at 7.09 $.
3- CTYA.F current support level is at 7.03 which is the 23.60 % fibonacci retracement of the last 0.54 $ move.
4- CTYA.F current resistance level is at 7.11 which is the 38.20 % fibonacci retracement of the last 0.54 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CATHAY PAC SP ADR (CTYA.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.440 .
CATHAY PAC SP ADR (CTYA.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.180 and 6.110, and is currently supporting at 6.393.
CATHAY PAC SP ADR (CTYA.F) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.110 and 5.970, and is currently supporting at 6.582.

Stock Trading Conclusion:
CATHAY PAC SP ADR (CTYA.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 : 7.11, 7.17, 7.18, 7.23, 7.44, 7.45, 7.48, 7.59, 7.77.
Stock Support levels : 7.05, 7.03, 7.02, 6.99, 6.97, 6.90, 6.58,.