Today we will analyze the stock CONTINENTAL MINERALS (KMKCF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CONTINENTAL MINERALS (KMKCF.OB)
1- Last bullish trend was from 2.58 $ (3/16/2011) to 2.79 $ (4/25/2011) a 0.21 $ move 2- The current bearish trend started from 2.79 $ at 4/25/2011 and is currently trading at 1.80 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
CONTINENTAL MINERALS (KMKCF.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 2.580 and 2.440 that was broken down at 2.620 transforming into a resistance line.
CONTINENTAL MINERALS (KMKCF.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 2.010 and 1.740 that was broken down at 2.510 transforming into a resistance line.
CONTINENTAL MINERALS (KMKCF.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CONTINENTAL MINERALS (KMKCF.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 2.03, 2.18, 2.30, 2.41, 2.64, 2.79, 4.01.
Stock Support levels :.