Today we will analyze the stock Canterbury Building Society (NS (CBS.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Canterbury Building Society (NS (CBS.NZ)
1- Last bullish trend was from 2.70 $ (12/7/2010) to 2.98 $ (12/13/2010) a 0.28 $ move 2- The current bearish trend started from 2.98 $ at 12/13/2010 and is currently trading at 2.85 $.
3- CBS.NZ current support level is at 2.84 which is the 50.00 % fibonacci retracement of the last 0.28 $ move.
4- CBS.NZ current resistance level is at 2.87 which is the 38.20 % fibonacci retracement of the last 0.28 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Canterbury Building Society (NS (CBS.NZ) Short term stock chart patterns for internet stock trading :

None.
Canterbury Building Society (NS (CBS.NZ) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 0.600 $ height triangle.
Canterbury Building Society (NS (CBS.NZ) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.600 $ height triangle.

Stock Trading Conclusion:
Canterbury Building Society (NS (CBS.NZ) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.87, 2.88, 2.90, 2.91, 2.91, 2.93, 2.98,.
Stock Support levels : 2.84, 2.81, 2.70, 2.62,.