Today we will analyze the stock CABLE and WIRELESS (CWL1.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CABLE and WIRELESS (CWL1.F)
1- Last bearish trend was from 1.62 $ (2/22/2010) to 1.53 $ (3/4/2010) a 0.09 $ move 2- The current bullish trend started from 1.53 $ at 3/4/2010 and is currently trading at 1.69 $.
3- According to ADX Indicator, the trend is currently strong 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.
4- Bearish Divergance in MACD Indicator .
CABLE and WIRELESS (CWL1.F) Short term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 1.620 and 1.630 that was broken up at 1.600 transforming into a supporting line.
CABLE and WIRELESS (CWL1.F) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.530 and 1.510, and is currently supporting at 1.533.
CABLE and WIRELESS (CWL1.F) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.290 $ height triangle which was broken up at 1.690 in higher than usual volume, target of the pattern is 1.980.

Stock Trading Conclusion:
CABLE and WIRELESS (CWL1.F) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 1.98.
Stock Support levels : 1.67, 1.65, 1.63, 1.61, 1.59, 1.56, 1.53,.