Today we will analyze the stock CELLEGY PHARM (CY3.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CELLEGY PHARM (CY3.F)
1- Last bullish trend was from 0.01 $ (12/22/2008) to 0.06 $ (1/21/2009) a 0.05 $ move 2- The current bearish trend started from 0.06 $ at 1/21/2009 and is currently trading at 0.02 $.
3- CY3.F current support level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- CY3.F current resistance level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
CELLEGY PHARM (CY3.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
7- The Stock formed a 0.060 $ height triangle.
CELLEGY PHARM (CY3.F) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .
9- The Stock formed a 0.060 $ height triangle.
CELLEGY PHARM (CY3.F) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.010 .
11- The Stock formed a 0.060 $ height triangle.

Stock Trading Conclusion:
CELLEGY PHARM (CY3.F) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.029, 0.029, 0.035, 0.035, 0.040, 0.041, 0.045, 0.048, 0.060,.
Stock Support levels : 0.010, 0.010, -0.004,.