Stock Technical indicators to notice in CON VALUE (CVK.F)
1- Last bullish trend was from 7.75 $ (3/14/2008) to 8.00 $ (3/20/2008) a 0.25 $ move 2- The current bearish trend started from 8.00 $ at 3/20/2008 and is currently trading at 3.78 $.
CON VALUE (CVK.F) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 8.000 and 8.690 that was broken up at 6.750 transforming into a supporting line.
CON VALUE (CVK.F) Mid term stock chart patterns for internet stock trading :
None.
CON VALUE (CVK.F) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
CON VALUE (CVK.F) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 4.78, 5.39, 5.89, 6.39, 8.00.
Stock Support levels : -5.92.
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