Stock Technical indicators to notice in CAPLAY (CLY.L)
1- Last bullish trend was from 0.12 $ (3/27/2009) to 0.14 $ (3/30/2009) a 0.02 $ move 2- The current bearish trend started from 0.14 $ at 3/30/2009 and is currently trading at 0.07 $.
CAPLAY (CLY.L) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 0.140 .
5- The Stock formed a 0.070 $ height triangle which was broken down at 0.090 in higher than usual volume, target of the pattern is 0.020.
CAPLAY (CLY.L) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.140 .
7- The Stock formed a 0.070 $ height triangle which was broken down at 0.090 in higher than usual volume, target of the pattern is 0.020.
CAPLAY (CLY.L) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 0.140 .
9- The Stock formed a 0.070 $ height triangle which was broken down at 0.090 in higher than usual volume, target of the pattern is 0.020.
Stock Trading Conclusion:
CAPLAY (CLY.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 : 0.087, 0.097, 0.105, 0.113, 0.140, 0.170,.
Stock Support levels : 0.020,.