Today we will analyze the stock CAPITAL POINT (CPTP.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in CAPITAL POINT (CPTP.TA)
1- Last bearish trend was from 212.00 $ (4/30/2012) to 196.80 $ (5/2/2012) a 15.20 $ move 2- The current bullish trend started from 196.80 $ at 5/2/2012 and is currently trading at 203.90 $.
3- CPTP.TA current support level is at 202.61 which is the 38.20 % fibonacci retracement of the last 15.20 $ move.
4- CPTP.TA current resistance level is at 204.40 which is the 50.00 % fibonacci retracement of the last 15.20 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
CAPITAL POINT (CPTP.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 196.800 and 167.400, and is currently supporting at 199.250.
CAPITAL POINT (CPTP.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 212.000 and 258.100, and is currently resisting at 210.497.
CAPITAL POINT (CPTP.TA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CAPITAL POINT (CPTP.TA) was trading in a strong bullish wave, which is becoming stronger .
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 : 204.40, 206.19, 210.50, 212.00, 216.13, 221.39.
Stock Support levels : 202.61, 202.22, 201.19, 200.39, 200.35, 199.51, 199.25, 196.80,.