Today we will analyze the stock CHINA COAL ENERG-H- (CVV.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in CHINA COAL ENERG-H- (CVV.MU)
1- Last bearish trend was from 0.96 $ (3/5/2012) to 0.85 $ (4/30/2012) a 0.11 $ move 2- The current bullish trend started from 0.85 $ at 4/30/2012 and is currently trading at 0.86 $.
3- CVV.MU current support level is at 0.85 which is the 0.00 % fibonacci retracement of the last 0.11 $ move.
4- CVV.MU current resistance level is at 0.88 which is the 23.60 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CHINA COAL ENERG-H- (CVV.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.960 and 0.970 that was broken up at 0.860 transforming into a supporting line.
CHINA COAL ENERG-H- (CVV.MU) Mid term stock chart patterns for internet stock trading :

None.
CHINA COAL ENERG-H- (CVV.MU) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.820 and 0.650 that was broken down at 0.930 transforming into a resistance line.

Stock Trading Conclusion:
CHINA COAL ENERG-H- (CVV.MU) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.876, 0.892, 0.905, 0.918, 0.930, 0.960, 0.990, 1.028, 1.099.
Stock Support levels : 0.858, 0.856, 0.855, 0.854, 0.850,.