CANADIAN ZINC CORP (OTC BB: CZICF.OB) (OTC:CZICF) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock CANADIAN ZINC CORP (CZICF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CANADIAN ZINC CORP (CZICF.OB)
1- Last bearish trend was from 0.41 $ (3/5/2010) to 0.39 $ (3/8/2010) a 0.02 $ move 2- The current bullish trend started from 0.39 $ at 3/8/2010 and is currently trading at 0.42 $. 3- CZICF.OB current support level is at 0.42 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- CZICF.OB current resistance level is at 0.42 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently 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.
CANADIAN ZINC CORP (CZICF.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.390 and 0.370, and is currently supporting at 0.407.
CANADIAN ZINC CORP (CZICF.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.370 .
8- The Stock formed Double Top Pattern at 0.400 that failed, and formed a support .
CANADIAN ZINC CORP (CZICF.OB) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 0.410 that failed, and formed a support .
10- The Stock was supported by a support line, identified by two points: 0.370 and 0.350, and is currently supporting at 0.379.

Stock Trading Conclusion:
CANADIAN ZINC CORP (CZICF.OB) was trading in a 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 : 0.422.
Stock Support levels : 0.415, 0.413, 0.410, 0.409, 0.407, 0.405, 0.402, 0.401, 0.400, 0.400, 0.398, 0.395, 0.390, 0.379, 0.370,.