Stock Technical indicators to notice in CONNECTICUT RIVER (CRCA.OB)
1- Last bearish trend was from 6.00 $ (6/16/2010) to 5.00 $ (7/23/2010) a 1.00 $ move 2- The current bullish trend started from 5.00 $ at 7/23/2010 and is currently trading at 10.25 $.
CONNECTICUT RIVER (CRCA.OB) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 6.000 and 7.000 that was broken up at 9.750 transforming into a supporting line.
CONNECTICUT RIVER (CRCA.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 6.000 and 7.000 that was broken up at 9.750 transforming into a supporting line.
CONNECTICUT RIVER (CRCA.OB) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
CONNECTICUT RIVER (CRCA.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 9.01, 8.24, 7.63, 7.01, 5.00, 0.06,.
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