Today we will analyze the stock COLOSSUS MINERAL INC(THE CO.) (CSI.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in COLOSSUS MINERAL INC(THE CO.) (CSI.TO)
1- Last bullish trend was from 4.35 $ (4/25/2012) to 4.80 $ (4/27/2012) a 0.45 $ move 2- The current bearish trend started from 4.80 $ at 4/27/2012 and is currently trading at 4.35 $.
3- CSI.TO current support level is at 4.23 which is the 127.20 % fibonacci retracement of the last 0.45 $ move.
4- CSI.TO current resistance level is at 4.35 which is the 100.00 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
COLOSSUS MINERAL INC(THE CO.) (CSI.TO) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.800 and 5.080, and is currently resisting at 4.647.
COLOSSUS MINERAL INC(THE CO.) (CSI.TO) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4.800 and 5.080, and is currently resisting at 4.647.
COLOSSUS MINERAL INC(THE CO.) (CSI.TO) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bearish stock channel identifed by support at 4.350 and 5.730,resistance between 4.800 and 6.290, the stock channel is currently supported from below by 4.035 and resisted from above by 4.537.

Stock Trading Conclusion:
COLOSSUS MINERAL INC(THE CO.) (CSI.TO) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 4.46, 4.52, 4.57, 4.58, 4.63, 4.65, 4.69, 4.80,.
Stock Support levels : 4.23,.