Today we will analyze the stock CANADA GAS CORP (Tier2) (CJC.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in CANADA GAS CORP (Tier2) (CJC.V)
1- Last bearish trend was from 0.17 $ (4/27/2012) to 0.16 $ (5/1/2012) a 0.01 $ move 2- The current bullish trend started from 0.16 $ at 5/1/2012 and is currently trading at 0.17 $.
3- CJC.V current support level is at 0.17 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- CJC.V current resistance level is at 0.17 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CANADA GAS CORP (Tier2) (CJC.V) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.160 $ and 0.170 $.

CANADA GAS CORP (Tier2) (CJC.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.150 .
8- The Stock formed a 0.040 $ height triangle which was broken up at 0.170 in higher than usual volume, target of the pattern is 0.210.
CANADA GAS CORP (Tier2) (CJC.V) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.150 .
10- The Stock formed a 0.040 $ height triangle which was broken up at 0.170 in higher than usual volume, target of the pattern is 0.210.

Stock Trading Conclusion:
CANADA GAS CORP (Tier2) (CJC.V) 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 : 0.173, 0.176, 0.210,.
Stock Support levels : 0.168, 0.166, 0.165, 0.165, 0.164, 0.162, 0.160, 0.150, 0.141,.