Today we will analyze the stock MICROMET (CVXA.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in MICROMET (CVXA.F)
1- Last bearish trend was from 8.37 $ (2/15/2012) to 8.11 $ (2/24/2012) a 0.26 $ move 2- The current bullish trend started from 8.11 $ at 2/24/2012 and is currently trading at 8.27 $.
3- CVXA.F current support level is at 8.24 which is the 50.00 % fibonacci retracement of the last 0.26 $ move.
4- CVXA.F current resistance level is at 8.27 which is the 61.80 % fibonacci retracement of the last 0.26 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
MICROMET (CVXA.F) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.110 and 6.100 that was broken down at 8.130 transforming into a resistance line.
MICROMET (CVXA.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.100 and 4.940, and is currently supporting at 7.190.
MICROMET (CVXA.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 6.100 and 3.850,resistance between 7.090 and 4.730, the stock channel is currently supported from below by 7.722 and resisted from above by 8.815.

Stock Trading Conclusion:
MICROMET (CVXA.F) was trading in a strong bullish wave, which is becoming weaker .
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 : 8.27, 8.37, 8.44, 8.53, 8.93.
Stock Support levels : 8.24, 8.23, 8.21, 8.21, 8.19, 8.17, 8.17, 8.11,.