Stock Technical indicators to notice in CASTILLIAN RESOURCE (CY4.DE)
1- Last bearish trend was from 0.36 $ (6/12/2009) to 0.01 $ (10/8/2009) a 0.35 $ move 2- The current bullish trend started from 0.01 $ at 10/8/2009 and is currently trading at 0.04 $.
4- CY4.DE current resistance level is at 0.09 which is the 23.60 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
CASTILLIAN RESOURCE (CY4.DE) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.360 and 0.530, and is currently resisting at 0.356.
CASTILLIAN RESOURCE (CY4.DE) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.360 and 0.530, and is currently resisting at 0.356.
CASTILLIAN RESOURCE (CY4.DE) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.360 and 0.530, and is currently resisting at 0.356.
Stock Trading Conclusion:
CASTILLIAN RESOURCE (CY4.DE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.093, 0.144, 0.185, 0.226, 0.356, 0.360, 0.455, 0.576.
Stock Support levels : 0.033, 0.029, 0.025, 0.021, 0.010,.
