Today we will analyze the stock CHINA GREEN AGRI (CGAG.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CHINA GREEN AGRI (CGAG.OB)
1- Last bearish trend was from 3.25 $ (2/25/2009) to 3.15 $ (2/26/2009) a 0.10 $ move 2- The current bullish trend started from 3.15 $ at 2/26/2009 and is currently trading at 3.25 $.
3- CGAG.OB current support level is at 3.25 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
4- CGAG.OB current resistance level is at 3.28 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
CHINA GREEN AGRI (CGAG.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.150 and 3.100, and is currently supporting at 3.180.
CHINA GREEN AGRI (CGAG.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 2.900 .
9- The Stock formed a 0.450 $ height triangle which was broken up at 3.140 in higher than usual volume, target of the pattern is 3.590.
CHINA GREEN AGRI (CGAG.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 2.900 .
11- The Stock formed a 0.450 $ height triangle which was broken up at 3.140 in higher than usual volume, target of the pattern is 3.590.

Stock Trading Conclusion:
CHINA GREEN AGRI (CGAG.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 : 3.28, 3.31, 3.59,.
Stock Support levels : 3.23, 3.21, 3.20, 3.19, 3.18, 3.17, 3.15, 3.02, 2.90,.