Today we will analyze the stock McCoy Cp (MCB) for internet stock trading in the TSX stock market,
Stock Technical indicators to notice in McCoy Cp (MCB)
1- Last bullish trend was from 15.19 $ (12/2/2008) to 16.72 $ (5/15/2009) a 1.53 $ move 2- The current bearish trend started from 16.72 $ at 5/15/2009 and is currently trading at 16.19 $.
3- MCB current support level is at 16.14 which is the 38.20 % fibonacci retracement of the last 1.53 $ move.
4- MCB current resistance level is at 16.36 which is the 23.60 % fibonacci retracement of the last 1.53 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
McCoy Cp (MCB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.190 and 14.480 that was broken down at 15.570 transforming into a resistance line.
McCoy Cp (MCB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 20.050 and 24.770 that was broken up at 16.050 transforming into a supporting line.
McCoy Cp (MCB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 20.050 and 24.770 that was broken up at 16.050 transforming into a supporting line.

Stock Trading Conclusion:
McCoy Cp (MCB) was trading in a bullish 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 : 16.32, 16.36, 16.39, 16.45, 16.52, 16.72, 18.42.
Stock Support levels : 16.14, 15.95, 15.77, 15.19, 14.77, 14.24, 1.09,.