CS China Acquisition Corp. (OTC BB: CSAQF.OB) (OTC:CSAQF) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock CS China Acquisition Corp. (CSAQF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CS China Acquisition Corp. (CSAQF.OB)
1- Last bearish trend was from 5.85 $ (1/8/2010) to 5.65 $ (1/11/2010) a 0.20 $ move 2- The current bullish trend started from 5.65 $ at 1/11/2010 and is currently trading at 8.05 $. 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. (CSAQF.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.800 $ height triangle which was broken up at 6.000 in higher than usual volume, target of the pattern is 6.800.
CS China Acquisition Corp. (CSAQF.OB) Mid term stock chart patterns for internet stock trading :

None.
CS China Acquisition Corp. (CSAQF.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CS China Acquisition Corp. (CSAQF.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 : 7.48, 7.13, 6.85, 6.57, 5.83,.