Today we will analyze the stock CS China Acquisition Corp. (CSACF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CS China Acquisition Corp. (CSACF.OB)
1- Last bearish trend was from 7.00 $ (1/22/2010) to 6.50 $ (2/11/2010) a 0.50 $ move 2- The current bullish trend started from 6.50 $ at 2/11/2010 and is currently trading at 10.01 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CS China Acquisition Corp. (CSACF.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 6.500 and 6.400, and is currently supporting at 6.516.
CS China Acquisition Corp. (CSACF.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bullish stock channel identifed by support at 6.500 and 5.700,resistance between 7.000 and 6.150 which was broken up at 7.800 in higher than usual volume.
CS China Acquisition Corp. (CSACF.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CS China Acquisition Corp. (CSACF.OB) was trading in a strong bullish wave, which is becoming stronger .
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 : 9.18, 8.67, 8.26, 7.84, 7.17, 6.52,.