Today we will analyze the stock CABLEVISION NY GRP (CVY.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in CABLEVISION NY GRP (CVY.MU)
1- Last bullish trend was from 10.12 $ (4/17/2012) to 11.33 $ (5/2/2012) a 1.21 $ move 2- The current bearish trend started from 11.33 $ at 5/2/2012 and is currently trading at 9.93 $.
3- CVY.MU current support level is at 9.79 which is the 127.20 % fibonacci retracement of the last 1.21 $ move.
4- CVY.MU current resistance level is at 10.12 which is the 100.00 % fibonacci retracement of the last 1.21 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CABLEVISION NY GRP (CVY.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 11.330 .
CABLEVISION NY GRP (CVY.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 11.330 .
CABLEVISION NY GRP (CVY.MU) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 10.120 and 10.660,resistance between 11.330 and 11.710 which was broken down at 9.930.

Stock Trading Conclusion:
CABLEVISION NY GRP (CVY.MU) was trading in a 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 : 9.98, 10.12, 10.26, 10.46, 10.58, 10.63, 10.73, 10.80, 10.87, 11.04, 11.33, 11.33,.
Stock Support levels : 9.79,.