Stock Technical indicators to notice in CYCLICAL SPLIT NT CAP SHS CAD25 (CYC.TO)
1- Last bullish trend was from 120.00 $ (11/18/2008) to 125.00 $ (11/19/2008) a 5.00 $ move 2- The current bearish trend started from 125.00 $ at 11/19/2008 and is currently trading at 123.00 $.
4- CYC.TO current resistance level is at 123.09 which is the 38.20 % fibonacci retracement of the last 5.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
CYCLICAL SPLIT NT CAP SHS CAD25 (CYC.TO) Short term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 125.000 and 145.000 that was broken up at 122.000 transforming into a supporting line.
CYCLICAL SPLIT NT CAP SHS CAD25 (CYC.TO) Mid term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 145.000 and 154.400, and is currently resisting at 128.550.
CYCLICAL SPLIT NT CAP SHS CAD25 (CYC.TO) Long term stock chart patterns for internet stock trading :
9- The Stock was resisted by a resistance line, identified by two points: 145.000 and 154.400, and is currently resisting at 128.550.
Stock Trading Conclusion:
CYCLICAL SPLIT NT CAP SHS CAD25 (CYC.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 : 123.09, 123.47, 123.76, 123.82, 124.00, 124.24, 125.00, 128.55,.
Stock Support levels : 122.50, 121.91, 120.00, 118.64, 116.91,.