Today we will analyze the stock GMUL VENTURES (CLTC.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in GMUL VENTURES (CLTC.TA)
1- Last bullish trend was from 23.20 $ (11/27/2008) to 24.50 $ (12/1/2008) a 1.30 $ move 2- The current bearish trend started from 24.50 $ at 12/1/2008 and is currently trading at 22.00 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GMUL VENTURES (CLTC.TA) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 9.100 $ height triangle which was broken down at 22.200 in higher than usual volume, target of the pattern is 13.100.
GMUL VENTURES (CLTC.TA) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 24.700 and 25.500, and is currently resisting at 24.597.
GMUL VENTURES (CLTC.TA) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 24.700 and 29.500, and is currently resisting at 24.274.

Stock Trading Conclusion:
GMUL VENTURES (CLTC.TA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 22.59, 22.95, 23.25, 23.55, 23.78, 24.27, 24.50, 24.60.
Stock Support levels : 13.10.