CONS GOLDFIELDS CORP (Other OTC: CDGF.PK) (PINK:CDGF) Stock Research Trends Targets and Technical Analysis - Penny stocks pink sheets stock exchange [en]

Today we will analyze the stock CONS GOLDFIELDS CORP (CDGF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in CONS GOLDFIELDS CORP (CDGF.PK)
1- Last bullish trend was from 0.17 $ (12/24/2009) to 0.20 $ (12/28/2009) a 0.03 $ move 2- The current bearish trend started from 0.20 $ at 12/28/2009 and is currently trading at 0.14 $. 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.
CONS GOLDFIELDS CORP (CDGF.PK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.200 .
5- The Stock formed a 0.050 $ height triangle which was broken down at 0.170, target of the pattern is 0.120.
CONS GOLDFIELDS CORP (CDGF.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.200 .
7- The Stock formed a 0.050 $ height triangle which was broken down at 0.170, target of the pattern is 0.120.
CONS GOLDFIELDS CORP (CDGF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.200 .
9- The Stock formed a 0.050 $ height triangle which was broken down at 0.170, target of the pattern is 0.120.

Stock Trading Conclusion:
CONS GOLDFIELDS CORP (CDGF.PK) 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 : 0.154, 0.163, 0.170, 0.177, 0.200, 0.374,.
Stock Support levels : 0.120,.