Today we will analyze the stock Caledonia Investment plc Ordina (CDN.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Caledonia Investment plc Ordina (CDN.NZ)
1- Last bullish trend was from 28.80 $ (9/16/2011) to 31.00 $ (11/10/2011) a 2.20 $ move 2- The current bearish trend started from 31.00 $ at 11/10/2011 and is currently trading at 27.30 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Caledonia Investment plc Ordina (CDN.NZ) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 31.000 and 31.500, and is currently resisting at 30.563.
Caledonia Investment plc Ordina (CDN.NZ) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 3.000 $ height triangle which was broken down at 29.200 in higher than usual volume, target of the pattern is 26.200.
Caledonia Investment plc Ordina (CDN.NZ) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 31.500 and 38.950 that was broken up at 30.500 transforming into a supporting line.

Stock Trading Conclusion:
Caledonia Investment plc Ordina (CDN.NZ) was trading in a strong 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 : 28.17, 28.71, 29.15, 29.59, 29.77, 30.56, 31.00.
Stock Support levels : 26.20,.