Today we will analyze the stock CERTICOM CORP COM NPV (CIC.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in CERTICOM CORP COM NPV (CIC.TO)
1- Last bullish trend was from 9.42 $ (2/27/2012) to 9.91 $ (5/2/2012) a 0.49 $ move 2- The current bearish trend started from 9.91 $ at 5/2/2012 and is currently trading at 9.70 $.
3- CIC.TO current support level is at 9.66 which is the 50.00 % fibonacci retracement of the last 0.49 $ move.
4- CIC.TO current resistance level is at 9.72 which is the 38.20 % fibonacci retracement of the last 0.49 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
CERTICOM CORP COM NPV (CIC.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.910 and 97.270 that was broken up at 9.830 transforming into a supporting line.
CERTICOM CORP COM NPV (CIC.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.580 and 8.440, and is currently supporting at 8.985.
CERTICOM CORP COM NPV (CIC.TO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CERTICOM CORP COM NPV (CIC.TO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 9.72, 9.75, 9.78, 9.79, 9.81, 9.83, 9.91,.
Stock Support levels : 9.66, 9.61, 9.42, 9.29, 9.12, 8.98,.