CELSIS INTL (XETRA: CIV1.DE) (ETR:CIV1) Stock Research Trends Targets and Technical Analysis - XETRA DAX stock exchange [en]

Today we will analyze the stock CELSIS INTL (CIV1.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in CELSIS INTL (CIV1.DE)
1- Last bearish trend was from 3.45 $ (1/11/2008) to 2.40 $ (9/4/2009) a 1.05 $ move 2- The current bullish trend started from 2.40 $ at 9/4/2009 and is currently trading at 2.60 $. 3- CIV1.DE current support level is at 2.40 which is the 0.00 % fibonacci retracement of the last 1.05 $ move.
4- CIV1.DE current resistance level is at 2.65 which is the 23.60 % fibonacci retracement of the last 1.05 $ move.
5- 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.
CELSIS INTL (CIV1.DE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 2.400 $ and 3.450 $.

CELSIS INTL (CIV1.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 2.400 $ and 3.450 $.

CELSIS INTL (CIV1.DE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 3.450 .

Stock Trading Conclusion:
CELSIS INTL (CIV1.DE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 2.65, 2.80, 2.93, 3.05, 3.45, 3.74, 4.10.
Stock Support levels : 2.55, 2.52, 2.50, 2.48, 2.40,.