Today we will analyze the stock COLLINS and HAYES GRP (CIY.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in COLLINS and HAYES GRP (CIY.L)
1- Last bearish trend was from 1.88 $ (4/12/2007) to 1.00 $ (4/16/2007) a 0.88 $ move 2- The current bullish trend started from 1.00 $ at 4/16/2007 and is currently trading at 1.88 $.
3- CIY.L current support level is at 1.88 which is the 100.00 % fibonacci retracement of the last 0.88 $ move.
4- CIY.L current resistance level is at 2.12 which is the 127.20 % fibonacci retracement of the last 0.88 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
COLLINS and HAYES GRP (CIY.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.880 .
COLLINS and HAYES GRP (CIY.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1.880 .
COLLINS and HAYES GRP (CIY.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.880 .

Stock Trading Conclusion:
COLLINS and HAYES GRP (CIY.L) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 2.12, 2.42.
Stock Support levels : 1.67, 1.54, 1.44, 1.34, 1.21, 1.00,.