COSTIMEX (Paris: COS.PA) (EPA:COS) Stock Research Trends Targets and Technical Analysis - Euronext paris stock exchange [en]

Today we will analyze the stock COSTIMEX (COS.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in COSTIMEX (COS.PA)
1- Last bullish trend was from 6.50 $ (11/20/2007) to 19.25 $ (1/31/2008) a 12.75 $ move 2- The current bearish trend started from 19.25 $ at 1/31/2008 and is currently trading at 18.00 $. 3- COS.PA current support level is at 16.24 which is the 23.60 % fibonacci retracement of the last 12.75 $ move.
4- COS.PA current resistance level is at 19.25 which is the 0.00 % fibonacci retracement of the last 12.75 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
COSTIMEX (COS.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 19.250 and 19.500, and is currently resisting at 19.189.
COSTIMEX (COS.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 19.250 and 19.500, and is currently resisting at 19.189.
COSTIMEX (COS.PA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
COSTIMEX (COS.PA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 18.30, 18.48, 18.63, 18.77, 19.19, 19.25,.
Stock Support levels : 16.24, 14.38, 12.88, 11.37, 6.50, 3.03,.