Today we will analyze the stock CANADIAN NATL RLWY (CY2.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CANADIAN NATL RLWY (CY2.F)
1- Last bearish trend was from 41.52 $ (1/3/2014) to 37.22 $ (1/29/2014) a 4.30 $ move 2- The current bullish trend started from 37.22 $ at 1/29/2014 and is currently trading at 40.08 $.
3- CY2.F current support level is at 39.88 which is the 61.80 % fibonacci retracement of the last 4.30 $ move.
4- CY2.F current resistance level is at 41.52 which is the 100.00 % fibonacci retracement of the last 4.30 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CANADIAN NATL RLWY (CY2.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 41.520 and 42.170, and is currently resisting at 40.220.
CANADIAN NATL RLWY (CY2.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 41.520 and 42.170, and is currently resisting at 40.220.
CANADIAN NATL RLWY (CY2.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 37.220 and 8.570,resistance between 42.170 and 9.670 which was broken down at 40.430.

Stock Trading Conclusion:
CANADIAN NATL RLWY (CY2.F) was trading in a strong bullish wave, which is becoming weaker .
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 : 40.22, 41.52, 42.69, 44.18, 44.51.
Stock Support levels : 39.88, 39.41, 39.37, 38.99, 38.86, 38.65, 38.31, 38.23, 37.22,.