Today we will analyze the stock CICADA VENTURES LTD. (Tier2) (CID.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in CICADA VENTURES LTD. (Tier2) (CID.V)
1- Last bullish trend was from 0.02 $ (12/23/2011) to 0.04 $ (1/19/2012) a 0.02 $ move 2- The current bearish trend started from 0.04 $ at 1/19/2012 and is currently trading at 0.02 $.
3- CID.V current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- CID.V current resistance level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.02 $ 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.
CICADA VENTURES LTD. (Tier2) (CID.V) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.020 $ and 0.040 $.

CICADA VENTURES LTD. (Tier2) (CID.V) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.020 $ and 0.040 $.

CICADA VENTURES LTD. (Tier2) (CID.V) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.020 $ and 0.040 $.


Stock Trading Conclusion:
CICADA VENTURES LTD. (Tier2) (CID.V) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.025, 0.028, 0.030, 0.032, 0.035, 0.040,.
Stock Support levels : 0.015,.