Today we will analyze the stock CENCOTECH INC. (Tier1) (CTZ.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in CENCOTECH INC. (Tier1) (CTZ.V)
1- Last bearish trend was from 0.04 $ (4/4/2012) to 0.01 $ (5/1/2012) a 0.03 $ move 2- The current bullish trend started from 0.01 $ at 5/1/2012 and is currently trading at 0.03 $.
3- CTZ.V current support level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
4- CTZ.V current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CENCOTECH INC. (Tier1) (CTZ.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
7- The Stock formed a 0.040 $ height triangle which was broken up at 0.020, target of the pattern is 0.060.
CENCOTECH INC. (Tier1) (CTZ.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .
9- The Stock formed a 0.040 $ height triangle which was broken up at 0.020, target of the pattern is 0.060.
CENCOTECH INC. (Tier1) (CTZ.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.010 .
11- The Stock formed a 0.040 $ height triangle which was broken up at 0.020, target of the pattern is 0.060.

Stock Trading Conclusion:
CENCOTECH INC. (Tier1) (CTZ.V) 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 : 0.040, 0.048, 0.059, 0.060,.
Stock Support levels : 0.029, 0.025, 0.025, 0.022, 0.021, 0.020, 0.018, 0.017, 0.010, -0.033,.