Today we will analyze the stock Cedar Shopping Centers Inc (CDR) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Cedar Shopping Centers Inc (CDR)
1- Last bullish trend was from 4.92 $ (5/4/2012) to 5.13 $ (5/7/2012) a 0.21 $ move 2- The current bearish trend started from 5.13 $ at 5/7/2012 and is currently trading at 4.85 $.
3- CDR current support level is at 4.79 which is the 161.80 % fibonacci retracement of the last 0.21 $ move.
4- CDR current resistance level is at 4.86 which is the 127.20 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Cedar Shopping Centers Inc (CDR) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 4.920 that failed and formed a resistance.
7- The Stock formed a 0.500 $ height triangle which was broken down at 4.850, target of the pattern is 4.350.
Cedar Shopping Centers Inc (CDR) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 4.900 and 4.690,resistance between 5.400 and 5.220 which was broken down at 4.970.
Cedar Shopping Centers Inc (CDR) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 4.690 and 3.140 that was broken down at 5.050 transforming into a resistance line.

Stock Trading Conclusion:
Cedar Shopping Centers Inc (CDR) was trading in a bearish 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 : 4.86, 4.92, 4.92, 4.92, 4.96, 4.99, 5.00, 5.02, 5.03, 5.05, 5.08, 5.08, 5.13, 5.70.
Stock Support levels : 4.79,.