Today we will analyze the stock VALE RIO DOC SP ADR (CVL.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in VALE RIO DOC SP ADR (CVL.F)
1- Last bullish trend was from 8.93 $ (2/25/2014) to 9.26 $ (2/27/2014) a 0.33 $ move 2- The current bearish trend started from 9.26 $ at 2/27/2014 and is currently trading at 8.09 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
VALE RIO DOC SP ADR (CVL.F) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 8.930 and 9.180,resistance between 9.260 and 9.520 which was broken down at 8.450 in higher than usual volume.
VALE RIO DOC SP ADR (CVL.F) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 8.450 and 10.320,resistance between 9.560 and 11.310, the stock channel is currently supported from below by 7.682 and resisted from above by 8.977.
VALE RIO DOC SP ADR (CVL.F) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.560 and 11.310, and is currently resisting at 8.977.

Stock Trading Conclusion:
VALE RIO DOC SP ADR (CVL.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 : 8.37, 8.54, 8.65, 8.68, 8.81, 8.98, 9.26, 9.50.
Stock Support levels :.