Stock Technical indicators to notice in CAGIM REAL ESTATE CORPORATION ( (CIM.V)
1- Last bearish trend was from 0.90 $ (3/24/2010) to 0.75 $ (3/26/2010) a 0.15 $ move 2- The current bullish trend started from 0.75 $ at 3/26/2010 and is currently trading at 1.03 $.
CAGIM REAL ESTATE CORPORATION ( (CIM.V) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.750 .
CAGIM REAL ESTATE CORPORATION ( (CIM.V) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Bottom Pattern at 0.750 .
CAGIM REAL ESTATE CORPORATION ( (CIM.V) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.750 and 0.600 that was broken down at 1.030 transforming into a resistance line.
Stock Trading Conclusion:
CAGIM REAL ESTATE CORPORATION ( (CIM.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 1.35.
Stock Support levels : 0.96, 0.92, 0.89, 0.86, 0.75,.
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