Today we will analyze the stock Capital Growth Systems (CGSY.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Capital Growth Systems (CGSY.OB)
1- Last bullish trend was from 0.07 $ (7/21/2010) to 0.08 $ (7/22/2010) a 0.01 $ move 2- The current bearish trend started from 0.08 $ at 7/22/2010 and is currently trading at 0.02 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Capital Growth Systems (CGSY.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.070 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.073.
Capital Growth Systems (CGSY.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.070 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.073.
Capital Growth Systems (CGSY.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.070 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.073.

Stock Trading Conclusion:
Capital Growth Systems (CGSY.OB) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.034, 0.043, 0.050, 0.057, 0.070, 0.073, 0.080, 0.090, 0.100.
Stock Support levels :.