Today we will analyze the stock CITYCOM (CX2.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CITYCOM (CX2.F)
1- Last bearish trend was from 0.15 $ (1/9/2012) to 0.14 $ (1/12/2012) a 0.01 $ move 2- The current bullish trend started from 0.14 $ at 1/12/2012 and is currently trading at 0.15 $.
3- CX2.F current support level is at 0.15 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- CX2.F current resistance level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently 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.
CITYCOM (CX2.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.140 .
7- The Stock formed a 0.030 $ height triangle which was broken up at 0.140 in higher than usual volume, target of the pattern is 0.170.
CITYCOM (CX2.F) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.140 .
9- The Stock formed a 0.030 $ height triangle which was broken up at 0.140 in higher than usual volume, target of the pattern is 0.170.
CITYCOM (CX2.F) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.170 .

Stock Trading Conclusion:
CITYCOM (CX2.F) was trading in a 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 : 0.153, 0.156, 0.170,.
Stock Support levels : 0.148, 0.146, 0.145, 0.144, 0.142, 0.140, 0.102,.