Today we will analyze the stock CAD IT (CAD.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in CAD IT (CAD.MI)
1- Last bearish trend was from 4.23 $ (3/19/2012) to 3.87 $ (3/26/2012) a 0.36 $ move 2- The current bullish trend started from 3.87 $ at 3/26/2012 and is currently trading at 4.03 $.
3- CAD.MI current support level is at 4.01 which is the 38.20 % fibonacci retracement of the last 0.36 $ move.
4- CAD.MI current resistance level is at 4.05 which is the 50.00 % fibonacci retracement of the last 0.36 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CAD IT (CAD.MI) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.870 and 3.770 that was broken down at 4.000 transforming into a resistance line.
CAD IT (CAD.MI) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.040 and 2.960, and is currently supporting at 3.132.
CAD IT (CAD.MI) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.460 $ height triangle which was broken up at 3.190 in higher than usual volume, target of the pattern is 3.650.

Stock Trading Conclusion:
CAD IT (CAD.MI) was trading in a strong bullish 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 : 4.05, 4.09, 4.23, 4.24, 4.33, 4.45.
Stock Support levels : 4.01, 3.99, 3.97, 3.95, 3.95, 3.93, 3.87, 3.13,.