Today we will analyze the stock CN RESOURCES POWER (CRP.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in CN RESOURCES POWER (CRP.DE)
1- Last bearish trend was from 1.95 $ (3/15/2011) to 1.10 $ (3/16/2011) a 0.85 $ move 2- The current bullish trend started from 1.10 $ at 3/16/2011 and is currently trading at 1.95 $.
3- CRP.DE current support level is at 1.95 which is the 100.00 % fibonacci retracement of the last 0.85 $ move.
4- CRP.DE current resistance level is at 2.18 which is the 127.20 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
CN RESOURCES POWER (CRP.DE) Short term stock chart patterns for internet stock trading :

None.
CN RESOURCES POWER (CRP.DE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.950 and 2.500 that was broken up at 1.950 transforming into a supporting line.
CN RESOURCES POWER (CRP.DE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.950 and 2.500 that was broken up at 1.950 transforming into a supporting line.

Stock Trading Conclusion:
CN RESOURCES POWER (CRP.DE) was trading in a strong bullish wave, which is becoming stronger .
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 : 2.18, 2.48.
Stock Support levels : 1.75, 1.63, 1.63, 1.59, 1.53, 1.42, 1.30, 1.10,.