Stock Technical indicators to notice in Capital Beverage Corp. (CBEV.OB)
1- Last bearish trend was from 0.04 $ (4/11/2012) to 0.02 $ (4/12/2012) a 0.02 $ move 2- The current bullish trend started from 0.02 $ at 4/12/2012 and is currently trading at 0.03 $.
4- CBEV.OB current resistance level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Capital Beverage Corp. (CBEV.OB) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.020 .
7- The Stock formed a 0.030 $ height triangle.
Capital Beverage Corp. (CBEV.OB) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.020 .
9- The Stock formed a 0.030 $ height triangle.
Capital Beverage Corp. (CBEV.OB) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 0.020 .
11- The Stock formed a 0.030 $ height triangle.
Stock Trading Conclusion:
Capital Beverage Corp. (CBEV.OB) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.032, 0.040, 0.045, 0.052.
Stock Support levels : 0.028, 0.026, 0.025, 0.025, 0.024, 0.020,.
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