Today we will analyze the stock CONTRANS INCOME FD TRUST UNITS (CSS-UN.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in CONTRANS INCOME FD TRUST UNITS (CSS-UN.TO)
1- Last bearish trend was from 9.21 $ (3/27/2012) to 8.79 $ (4/12/2012) a 0.42 $ move 2- The current bullish trend started from 8.79 $ at 4/12/2012 and is currently trading at 9.26 $.
3- CSS-UN.TO current support level is at 9.21 which is the 100.00 % fibonacci retracement of the last 0.42 $ move.
4- CSS-UN.TO current resistance level is at 9.32 which is the 127.20 % fibonacci retracement of the last 0.42 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CONTRANS INCOME FD TRUST UNITS (CSS-UN.TO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 8.790 and 7.140,resistance between 9.210 and 7.530, the stock channel is currently supported from below by 9.132 and resisted from above by 9.821.
CONTRANS INCOME FD TRUST UNITS (CSS-UN.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 8.760 and 9.090 that was broken up at 7.160 transforming into a supporting line.
CONTRANS INCOME FD TRUST UNITS (CSS-UN.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 8.760 and 9.090 that was broken up at 7.160 transforming into a supporting line.

Stock Trading Conclusion:
CONTRANS INCOME FD TRUST UNITS (CSS-UN.TO) was trading in a bullish wave, which is becoming stronger .
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 : 9.32, 9.47.
Stock Support levels : 9.21, 9.15, 9.08, 9.05, 9.02, 9.00, 8.97, 8.95, 8.89, 8.79, 4.72,.