Today we will analyze the stock CONV ORG CL B WRTS (COINZ) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in CONV ORG CL B WRTS (COINZ)
1- Last bearish trend was from 0.03 $ (10/27/2011) to 0.01 $ (11/1/2011) a 0.02 $ move 2- The current bullish trend started from 0.01 $ at 11/1/2011 and is currently trading at 0.02 $.
3- COINZ current support level is at 0.02 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- COINZ current resistance level is at 0.02 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CONV ORG CL B WRTS (COINZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.050 that was broken up at 0.010 transforming into a supporting line.
CONV ORG CL B WRTS (COINZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.050 that was broken up at 0.010 transforming into a supporting line.
CONV ORG CL B WRTS (COINZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.030 and 0.050 that was broken up at 0.010 transforming into a supporting line.

Stock Trading Conclusion:
CONV ORG CL B WRTS (COINZ) was trading in a bearish 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 : 0.022, 0.030, 0.035, 0.042, 0.070.
Stock Support levels : 0.018, 0.016, 0.015, 0.015, 0.014, 0.010, 0.003,.