Today we will analyze the stock CITIC PACIFIC (CPF.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in CITIC PACIFIC (CPF.DE)
1- Last bearish trend was from 2.35 $ (4/29/2011) to 1.83 $ (5/4/2011) a 0.52 $ move 2- The current bullish trend started from 1.83 $ at 5/4/2011 and is currently trading at 1.93 $.
3- CPF.DE current support level is at 1.83 which is the 0.00 % fibonacci retracement of the last 0.52 $ move.
4- CPF.DE current resistance level is at 1.95 which is the 23.60 % fibonacci retracement of the last 0.52 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CITIC PACIFIC (CPF.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.830 .
CITIC PACIFIC (CPF.DE) Mid term stock chart patterns for internet stock trading :

None.
CITIC PACIFIC (CPF.DE) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.280 and 1.230, and is currently supporting at 1.448.

Stock Trading Conclusion:
CITIC PACIFIC (CPF.DE) was trading in a strong bearish 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 : 1.95, 2.00, 2.03, 2.09, 2.15, 2.35, 2.49, 2.67.
Stock Support levels : 1.91, 1.89, 1.88, 1.87, 1.83,.