Today we will analyze the stock BANCA CR FIRENZE (CFI.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in BANCA CR FIRENZE (CFI.MI)
1- Last bearish trend was from 6.70 $ (7/12/2007) to 6.44 $ (7/20/2007) a 0.26 $ move 2- The current bullish trend started from 6.44 $ at 7/20/2007 and is currently trading at 6.72 $.
3- CFI.MI current support level is at 6.70 which is the 100.00 % fibonacci retracement of the last 0.26 $ move.
4- CFI.MI current resistance level is at 6.77 which is the 127.20 % fibonacci retracement of the last 0.26 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
BANCA CR FIRENZE (CFI.MI) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 6.440 and 6.120,resistance between 6.700 and 6.420 which was broken down at 6.470 in higher than usual volume.
BANCA CR FIRENZE (CFI.MI) Mid term stock chart patterns for internet stock trading :

None.
BANCA CR FIRENZE (CFI.MI) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
BANCA CR FIRENZE (CFI.MI) was trading in a strong bullish wave, which is becoming weaker .
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 : 6.77, 6.86, 9.87.
Stock Support levels : 6.70, 6.65, 6.61, 6.60, 6.58, 6.57, 6.55, 6.54, 6.50, 6.44,.