Today we will analyze the stock CORONA ENERGY (CY1.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CORONA ENERGY (CY1.F)
1- Last bullish trend was from 0.63 $ (2/7/2014) to 0.96 $ (2/14/2014) a 0.33 $ move 2- The current bearish trend started from 0.96 $ at 2/14/2014 and is currently trading at 0.77 $.
3- CY1.F current support level is at 0.76 which is the 61.80 % fibonacci retracement of the last 0.33 $ move.
4- CY1.F current resistance level is at 0.79 which is the 50.00 % fibonacci retracement of the last 0.33 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
CORONA ENERGY (CY1.F) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.630 .
CORONA ENERGY (CY1.F) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.630 and 0.600 that was broken down at 0.800 transforming into a resistance line.
CORONA ENERGY (CY1.F) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.630 and 0.600, and is currently supporting at 0.765.

Stock Trading Conclusion:
CORONA ENERGY (CY1.F) was trading in a strong bullish 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 : 0.795, 0.815, 0.834, 0.843, 0.865, 0.882, 0.887, 0.930, 0.960,.
Stock Support levels : 0.765, 0.756, 0.630, 0.540,.