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Friday, April 18, 2008

Agree Realty Corporation (ADC) Technical Analysis

Today we'll analyze the Stock ADC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 29.14$ (04/02/08) to 25.93$ (04/15/08) a 3.21$ move
2- The current bullish trend started from 25.93$ at 04/15/08 and is currently trading at 27.40$.

3- The stock current support level is at 27.16 which is the 38.20% fibonacci retracement of the last 3.21$ move.
4- The stock current resistance level is at 27.53 which is the 50.00% fibonacci retracement of the last 3.21$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 29.14 and 29.8, and is currently resisting at 28.1971.
Mid term chart patterns :

7- The Stock formed a 3.52$ height triangle which was broken down at 27.43 in higher than usual volume, target of the pattern is 23.91.
Long term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 29.8 and 30.49, and is currently resisting at 29.3488.

Conclusion:
ADC was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 27.53, 27.91, 28.20, 28.33, 29.14, 29.35, 30.01, 31.00, 31.02, 31.12, 32.62.
Support Levels: 27.16, 27.05, 26.84, 26.69, 26.66, 26.49, 25.93,.


That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,







feel free to leave your comments on the post, or contact me

enjoy your online market trading!!
have a nice day,

Shadi
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Alliance Capital Management Holding L.p. (ADF) Technical Analysis

Today we'll analyze the Stock ADF for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 7.19$ (02/26/08) to 6.78$ (03/18/08) a 0.41$ move
2- The current bullish trend started from 6.78$ at 03/18/08 and is currently trading at 7.16$.

3- The stock current support level is at 7.03 which is the 61.80% fibonacci retracement of the last 0.41$ move.
4- The stock current resistance level is at 7.19 which is the 100.00% fibonacci retracement of the last 0.41$ move.
5- According to ADX, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock formed Double Top Pattern at 7.19.
Mid term chart patterns :

None.
Long term chart patterns :

None.

Conclusion:
ADF was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 7.19, 7.30, 7.44.
Support Levels: 7.07, 7.03, 7.01, 6.99, 6.97, 6.94, 6.93, 6.88, 6.78,.

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"Analog Devices (ADI) Technical Analysis

Today we'll analyze the Stock ADI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 31.56$ (04/10/08) to 29.85$ (04/14/08) a 1.71$ move
2- The current bullish trend started from 29.85$ at 04/14/08 and is currently trading at 31.44$.

3- The stock current support level is at 30.91 which is the 61.80% fibonacci retracement of the last 1.71$ move.
4- The stock current resistance level is at 31.56 which is the 100.00% fibonacci retracement of the last 1.71$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 29.85 and 27.41, and is currently supporting at 30.1371.
Mid term chart patterns :

7- The Stock formed a 5.63$ height triangle which was broken up at 27.37 in higher than usual volume, target of the pattern is 33.
Long term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 39.12 and 39.65, and is currently resisting at 36.6971.

Conclusion:
ADI was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 31.56, 31.94, 32.02, 32.03, 32.09, 32.62, 32.62, 32.65, 32.69, 33.00, 36.61, 36.70, 37.31, 37.57, 39.39.
Support Levels: 31.30, 31.06, 30.91, 30.83, 30.70, 30.65, 30.50, 30.46, 30.25, 30.14, 29.96, 29.85, 29.80, 27.25, 26.69,.

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Archer-daniels-midland Company (ADM) Technical Analysis

Today we'll analyze the Stock ADM for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 42.70$ (03/25/08) to 41.16$ (03/31/08) a 1.54$ move
2- The current bullish trend started from 41.16$ at 03/31/08 and is currently trading at 45.20$.

3- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

4- The Stock formed a 3.34$ height triangle which was broken up at 42.53, target of the pattern is 45.87.
Mid term chart patterns :

None.
Long term chart patterns :

None.

Conclusion:
ADM was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 45.87.
Support Levels: 44.25, 43.66, 43.18, 42.70, 41.16, 39.42, 38.96, 38.27, 37.90, 36.29, 32.31, 32.20,.

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"Automatic Data Processing (ADP) Technical Analysis

Today we'll analyze the Stock ADP for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 43.89$ (04/04/08) to 41.98$ (04/11/08) a 1.91$ move
2- The current bullish trend started from 41.98$ at 04/11/08 and is currently trading at 43.31$.

3- The stock current support level is at 43.16 which is the 61.80% fibonacci retracement of the last 1.91$ move.
4- The stock current resistance level is at 43.89 which is the 100.00% fibonacci retracement of the last 1.91$ move.
5- According to ADX, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 41.98 and 38.78, and is currently supporting at 42.5133.
Mid term chart patterns :

None.
Long term chart patterns :

7- The Stock formed Double Top Pattern at 48.89.

Conclusion:
ADP was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 43.35, 43.39, 43.43, 43.47, 43.89, 44.41, 45.07, 47.64, 48.84, 48.89,.
Support Levels: 43.16, 43.00, 42.93, 42.80, 42.71, 42.65, 42.51, 42.49, 42.43, 41.98,.

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ADBE Technical Analysis

Today we'll analyze the Stock ADBE for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 35.33$ (03/28/08) to 37.25$ (04/01/08) a 1.92$ move
2- The current bearish trend started from 37.25$ at 04/01/08 and is currently trading at 36.42$.

3- The stock current support level is at 36.29 which is the 50.00% fibonacci retracement of the last 1.92$ move.
4- The stock current resistance level is at 36.52 which is the 38.20% fibonacci retracement of the last 1.92$ move.
5- According to ADX, the trend is currently strong bullish,which is becoming weaker.
Short term chart patterns :

6- The Stock formed Double Top Pattern at 37.25.
7- The Stock formed a 6.41$ height triangle which was broken down at 36.5 in higher than usual volume, target of the pattern is 30.09.
Mid term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 35.87 and 44.62 that was broken up at 34.75 transforming into a supporting line.
Long term chart patterns :

9- The Stock was resisted by a resistance line, identified by two points: 35.87 and 44.62 that was broken up at 34.75 transforming into a supporting line.

Conclusion:
ADBE was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 36.52, 36.62, 36.74, 36.80, 36.83, 36.93, 37.25, 37.26, 37.39, 37.45, 40.53, 40.59, 40.90, 41.27, 41.79, 42.71.
Support Levels: 36.29, 36.06, 35.33, 34.81, 34.14, 31.66, 31.53, 31.51, 30.69, 30.28, 30.09, 29.98, 29.55, 28.40, 28.38, 28.29, 21.67, 20.58, 20.51, 18.87, 18.76, 17.97, 17.44, 16.91, 16.90, 15.88, 14.31, 9.42, 9.09, 8.40, 6.41, 6.37, 5.75, 5.21, 4.82, 4.77, 3.67, 3.42, 3.41, 3.24, 3.05, 2.98, 2.93, 2.64, 2.46, 2.24, 2.24, 2.12, 1.56, 1.34, 1.25, 1.19, 0.88, 0.82, 0.80,.

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AECOM TECHNOLOGY CORPORATION (ACM) Technical Analysis

Today we'll analyze the Stock ACM for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 27.74$ (04/03/08) to 25.31$ (04/14/08) a 2.43$ move
2- The current bullish trend started from 25.31$ at 04/14/08 and is currently trading at 26.76$.

3- The stock current support level is at 26.52 which is the 50.00% fibonacci retracement of the last 2.43$ move.
4- The stock current resistance level is at 26.81 which is the 61.80% fibonacci retracement of the last 2.43$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 25.31 and 23.62, and is currently supporting at 25.5088.
Mid term chart patterns :

7- The Stock formed Double Bottom Pattern at 23.06.
8- The Stock formed a 6.94$ height triangle.
Long term chart patterns :

9- The Stock formed Double Bottom Pattern at 23.06.

Conclusion:
ACM was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 26.81, 27.74, 28.40, 29.24.
Support Levels: 26.52, 26.42, 26.24, 26.21, 26.03, 25.88, 25.86, 25.51, 25.31, 23.09,.

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"Arch Coal (ACI) Technical Analysis

Today we'll analyze the Stock ACI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 53.03$ (04/08/08) to 51.35$ (04/09/08) a 1.68$ move
2- The current bullish trend started from 51.35$ at 04/09/08 and is currently trading at 56.68$.

3- According to ADX, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
4- Bearish Divergance in MACD.
Short term chart patterns :

5- The Stock was supported by a support line, identified by two points: 51.35 and 43.15 that was broken down at 52.18 transforming into a resistance line.
Mid term chart patterns :

6- The Stock traded in a bearish channel identifed by support at 40.1 and 41.51, resistance between 44.55 and 47.97 which was broken up at 43.31.
Long term chart patterns :

7- The Stock formed Double Top Pattern at 54.83 that failed, and formed a support .

Conclusion:
ACI was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 58.18.
Support Levels: 55.42, 55.39, 54.64, 54.01, 53.39, 51.35, 41.22, 37.57, 37.30,.

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Accenture Ltd. (ACN) Technical Analysis

Today we'll analyze the Stock ACN for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 35.17$ (03/31/08) to 38.07$ (04/10/08) a 2.90$ move
2- The current bearish trend started from 38.07$ at 04/10/08 and is currently trading at 37.59$.

3- The stock current support level is at 37.39 which is the 23.60% fibonacci retracement of the last 2.90$ move.
4- The stock current resistance level is at 38.07 which is the 0.00% fibonacci retracement of the last 2.90$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock traded in a bullish channel identifed by support at 35.17 and 33, resistance between 38.07 and 36.31, the channel is currently supported from below by 37.03 and resisted from above by 38.6115.
Mid term chart patterns :

7- The Stock formed a 5.26$ height triangle which was broken up at 36.77, target of the pattern is 42.03.
Long term chart patterns :

8- The Stock formed a 5.26$ height triangle which was broken up at 36.77, target of the pattern is 42.03.

Conclusion:
ACN was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 37.70, 37.77, 37.83, 37.89, 38.07, 42.03,.
Support Levels: 37.39, 36.96, 36.62, 36.28, 36.26, 35.17, 35.06, 34.94, 34.81, 34.69, 34.38,.

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Alcon Inc (ACL) Technical Analysis

Today we'll analyze the Stock ACL for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 129.63$ (03/17/08) to 156.00$ (04/11/08) a 26.37$ move
2- The current bearish trend started from 156.00$ at 04/11/08 and is currently trading at 151.99$.

3- The stock current support level is at 149.78 which is the 23.60% fibonacci retracement of the last 26.37$ move.
4- The stock current resistance level is at 156.00 which is the 0.00% fibonacci retracement of the last 26.37$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

None.
Mid term chart patterns :

6- The Stock formed Double Top Pattern at 154.25.
Long term chart patterns :

7- The Stock formed Double Top Pattern at 154.25.

Conclusion:
ACL was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 152.94, 153.37, 153.52, 153.99, 154.47, 156.00,.
Support Levels: 149.78, 145.93, 142.82, 139.70, 131.77, 131.61, 131.46, 130.57, 130.34, 130.12, 129.63, 122.46,.

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Aluminum Corporation Of China Ltd (ACH) Technical Analysis

Today we'll analyze the Stock ACH for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 44.90$ (04/07/08) to 38.57$ (04/14/08) a 6.33$ move
2- The current bullish trend started from 38.57$ at 04/14/08 and is currently trading at 40.17$.

3- The stock current support level is at 40.06 which is the 23.60% fibonacci retracement of the last 6.33$ move.
4- The stock current resistance level is at 40.99 which is the 38.20% fibonacci retracement of the last 6.33$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD.
Short term chart patterns :

7- The Stock formed a 10.66$ height triangle.
Mid term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 44.9 and 46.77, and is currently resisting at 44.1728.
Long term chart patterns :

9- The Stock was resisted by a resistance line, identified by two points: 44.9 and 46.77, and is currently resisting at 44.1728.

Conclusion:
ACH was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 40.99, 41.74, 42.48, 44.17, 44.90, 46.62, 48.81, 54.30, 62.78.
Support Levels: 40.06, 39.79, 39.56, 39.37, 39.18, 38.57, 35.57,.

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Alliance Capital Management Holding L.p. (ACG) Technical Analysis

Today we'll analyze the Stock ACG for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 8.29$ (03/03/08) to 8.02$ (03/17/08) a 0.27$ move
2- The current bullish trend started from 8.02$ at 03/17/08 and is currently trading at 8.31$.

3- The stock current support level is at 8.29 which is the 100.00% fibonacci retracement of the last 0.27$ move.
4- The stock current resistance level is at 8.36 which is the 127.20% fibonacci retracement of the last 0.27$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :

6- The Stock formed Double Bottom Pattern at 8.02.
7- The Stock formed Double Top Pattern at 8.29 that failed, and formed a support .
Mid term chart patterns :

None.
Long term chart patterns :

None.

Conclusion:
ACG was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 8.36, 8.46.
Support Levels: 8.29, 8.24, 8.20, 8.19, 8.17, 8.16, 8.13, 8.12, 8.08, 8.06, 8.04, 8.02, 8.02,.

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Americredit Corporation (ACF) Technical Analysis

Today we'll analyze the Stock ACF for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 10.07$ (03/31/08) to 10.76$ (04/02/08) a 0.69$ move
2- The current bearish trend started from 10.76$ at 04/02/08 and is currently trading at 9.95$.

3- The stock current support level is at 9.88 which is the 127.20% fibonacci retracement of the last 0.69$ move.
4- The stock current resistance level is at 10.07 which is the 100.00% fibonacci retracement of the last 0.69$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 10.76 and 11.81 that was broken up at 10.75 transforming into a supporting line.
Mid term chart patterns :

7- The Stock was resisted by a resistance line, identified by two points: 10.76 and 11.81 that was broken up at 10.75 transforming into a supporting line.
Long term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 13 and 14.92 that was broken up at 10.59 transforming into a supporting line.

Conclusion:
ACF was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 10.07, 10.14, 10.26, 10.33, 10.36, 10.41, 10.45, 10.50, 10.60, 10.76, 13.88, 18.06, 18.27, 18.88, 21.73, 21.99, 23.91, 24.09, 24.20, 24.40, 25.09, 25.65, 26.37, 26.42, 32.00, 39.70.
Support Levels: 9.88, 9.64, 9.01, 7.75, 7.67,.

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Abbott Laboratories (ABT) Technical Analysis

Today we'll analyze the Stock ABT for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 52.72$ (03/28/08) to 54.86$ (04/01/08) a 2.14$ move
2- The current bearish trend started from 54.86$ at 04/01/08 and is currently trading at 51.35$.

3- According to ADX, the trend is currently bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

4- The Stock formed a 5.03$ height triangle which was broken down at 53.64 in higher than usual volume, target of the pattern is 48.61.
Mid term chart patterns :

5- The Stock was resisted by a resistance line, identified by two points: 55.29 and 60.1, and is currently resisting at 53.3223.
Long term chart patterns :

6- The Stock was supported by a support line, identified by two points: 50.26 and 49.88, and is currently supporting at 50.3343.

Conclusion:
ABT was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 52.18, 52.69, 53.10, 53.32, 53.52, 54.86, 55.18.
Support Levels: 51.13, 50.33,.

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Companhia De Bebidas Das Americas - Ambev (ABV) Technical Analysis

Today we'll analyze the Stock ABV for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 79.18$ (04/10/08) to 76.44$ (04/11/08) a 2.74$ move
2- The current bullish trend started from 76.44$ at 04/11/08 and is currently trading at 79.70$.

3- The stock current support level is at 79.18 which is the 100.00% fibonacci retracement of the last 2.74$ move.
4- The stock current resistance level is at 79.93 which is the 127.20% fibonacci retracement of the last 2.74$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :

6- The Stock formed Double Bottom Pattern at 76.44.
7- The Stock formed Double Top Pattern at 79.18 that failed, and formed a support .
8- The Stock formed a 2.71$ height triangle which was broken up at 79.7, target of the pattern is 82.41.
Mid term chart patterns :

9- The Stock formed Double Bottom Pattern at 74.47.
10- The Stock formed a 12.15$ height triangle which was broken up at 78.16, target of the pattern is 90.31.
Long term chart patterns :

None.

Conclusion:
ABV was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 79.93, 80.87, 82.41, 90.31.
Support Levels: 79.18, 79.04, 78.93, 78.45, 78.13, 78.07, 77.81, 77.69, 77.49, 77.09, 76.44, 76.24, 75.02, 74.18, 72.44, 43.88, 42.32, 41.12,.

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American Campus Communities Inc (ACC) Technical Analysis

Today we'll analyze the Stock ACC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 28.70$ (03/26/08) to 26.92$ (04/14/08) a 1.78$ move
2- The current bullish trend started from 26.92$ at 04/14/08 and is currently trading at 28.25$.

3- The stock current support level is at 28.02 which is the 61.80% fibonacci retracement of the last 1.78$ move.
4- The stock current resistance level is at 28.70 which is the 100.00% fibonacci retracement of the last 1.78$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 26.92 and 25.16, and is currently supporting at 27.0554.
Mid term chart patterns :

7- The Stock formed Double Bottom Pattern at 25.16.
8- The Stock formed a 3.8$ height triangle.
Long term chart patterns :

9- The Stock formed Double Bottom Pattern at 25.16.

Conclusion:
ACC was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 28.70, 28.92, 29.18, 29.44, 29.49, 29.54, 29.80.
Support Levels: 28.02, 27.94, 27.81, 27.74, 27.60, 27.58, 27.43, 27.34, 27.06, 26.92, 25.21, 25.13,.

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Barrick Gold Corporation (ABX) Technical Analysis

Today we'll analyze the Stock ABX for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 44.11$ (04/09/08) to 42.69$ (04/11/08) a 1.42$ move
2- The current bullish trend started from 42.69$ at 04/11/08 and is currently trading at 46.04$.

3- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

4- The Stock formed a 3.59$ height triangle which was broken up at 46.04 in higher than usual volume, target of the pattern is 49.63.
Mid term chart patterns :

5- The Stock formed Double Bottom Pattern at 41.92.
6- The Stock formed a 11.37$ height triangle which was broken up at 45.08, target of the pattern is 56.45.
Long term chart patterns :

7- The Stock formed Double Top Pattern at 53.55.

Conclusion:
ABX was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 49.63, 53.52, 56.45.
Support Levels: 45.25, 44.76, 44.36, 43.97, 43.41, 42.69, 42.51, 41.92, 41.88, 29.41, 29.21, 29.01, 28.80, 28.14, 28.11, 28.10, 28.09, 27.99, 27.96, 27.94, 27.90, 27.65, 25.47, 19.59, 19.53, 18.77, 18.68, 16.11, 14.98, 14.86, 14.51, 14.23, 14.19,.

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Arbor Realty Trust (ABR) Technical Analysis

Today we'll analyze the Stock ABR for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 17.76$ (04/08/08) to 15.82$ (04/11/08) a 1.94$ move
2- The current bullish trend started from 15.82$ at 04/11/08 and is currently trading at 17.23$.

3- The stock current support level is at 17.02 which is the 61.80% fibonacci retracement of the last 1.94$ move.
4- The stock current resistance level is at 17.76 which is the 100.00% fibonacci retracement of the last 1.94$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock traded in a bullish channel identifed by support at 15.82 and 15.07, resistance between 17.76 and 16.76, the channel is currently supported from below by 16.045 and resisted from above by 18.26.
Mid term chart patterns :

7- The Stock traded in a bullish channel identifed by support at 15.82 and 15.07, resistance between 17.76 and 16.76, the channel is currently supported from below by 16.045 and resisted from above by 18.26.
Long term chart patterns :

8- The Stock traded in a bullish channel identifed by support at 15.07 and 13.78, resistance between 17.76 and 16.76, the channel is currently supported from below by 16.2679 and resisted from above by 18.26.

Conclusion:
ABR was trading in a bullish wave, which is becoming weaker .
Technical indicators and 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.
.

Resistance Levels: 17.76, 17.93, 18.29, 18.96.
Support Levels: 17.02, 16.90, 16.79, 16.69, 16.56, 16.52, 16.36, 16.28, 15.82,.

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Thursday, April 17, 2008

Abn Amro Holding N.v. (ABN) Technical Analysis

Today we'll analyze the Stock ABN for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 57.17$ (01/31/08) to 54.65$ (02/08/08) a 2.52$ move
2- The current bullish trend started from 54.65$ at 02/08/08 and is currently trading at 61.42$.

3- According to ADX, the trend is currently strong bullish,which is becoming weaker.
4- Bearish Divergance in MACD.
Short term chart patterns :

5- The Stock was supported by a support line, identified by two points: 54.65 and 52.72 that was broken down at 60.64 transforming into a resistance line.
Mid term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 49.8 and 51.18 that was broken up at 46.83 transforming into a supporting line.
Long term chart patterns :

7- The Stock traded in a bullish channel identifed by support at 43 and 24.13, resistance between 51.18 and 28.51, the channel is currently supported from below by 53.6463 and resisted from above by 64.9727.

Conclusion:
ABN was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 61.48.
Support Levels: 59.82, 58.83, 58.03, 57.24, 54.92, 54.65, 51.66, 51.57, 51.47, 45.73, 45.65, 45.63, 25.43, 24.30,.


That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,







feel free to leave your comments on the post, or contact me

enjoy your online market trading!!
have a nice day,

Shadi
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Abm Industries Incorporated (ABM) Technical Analysis

Today we'll analyze the Stock ABM for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 22.88$ (04/01/08) to 20.09$ (04/11/08) a 2.79$ move
2- The current bullish trend started from 20.09$ at 04/11/08 and is currently trading at 21.15$.

3- The stock current support level is at 20.75 which is the 23.60% fibonacci retracement of the last 2.79$ move.
4- The stock current resistance level is at 21.16 which is the 38.20% fibonacci retracement of the last 2.79$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 20.09 and 19.63, and is currently supporting at 20.1667.
Mid term chart patterns :

None.
Long term chart patterns :

7- The Stock was supported by a support line, identified by two points: 19.63 and 18.71, and is currently supporting at 20.1384.

Conclusion:
ABM was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 21.16, 21.49, 21.74, 21.81, 22.69, 22.88, 23.64, 24.60.
Support Levels: 20.90, 20.75, 20.75, 20.62, 20.49, 20.17, 20.14, 20.09, 19.28, 16.59, 15.92, 15.87, 15.67, 15.47, 15.27, 15.07, 14.87, 14.67,.

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"Ambac Financial Group (ABK) Technical Analysis

Today we'll analyze the Stock ABK for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 6.21$ (04/07/08) to 5.05$ (04/15/08) a 1.16$ move
2- The current bullish trend started from 5.05$ at 04/15/08 and is currently trading at 5.30$.

3- The stock current support level is at 5.05 which is the 0.00% fibonacci retracement of the last 1.16$ move.
4- The stock current resistance level is at 5.32 which is the 23.60% fibonacci retracement of the last 1.16$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock formed Double Top Pattern at 6.21.
Mid term chart patterns :

7- The Stock was resisted by a resistance line, identified by two points: 6.24 and 6.7, and is currently resisting at 5.64857.
Long term chart patterns :

8- The Stock traded in a bearish channel identifed by support at 5.41 and 7.42, resistance between 6.7 and 9.5 which was broken up at 5.75.

Conclusion:
ABK was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 5.32, 5.49, 5.63, 5.65, 5.77, 6.11, 6.21, 6.25, 6.53, 6.70, 6.93, 32.68, 47.54, 53.88, 55.83, 55.95, 56.05, 56.15, 57.31, 57.38, 84.04, 85.39.
Support Levels: 5.24, 5.20, 5.18, 5.15, 5.05,.

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Applera Corporation (ABI) Technical Analysis

Today we'll analyze the Stock ABI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 33.70$ (03/26/08) to 29.52$ (04/15/08) a 4.18$ move
2- The current bullish trend started from 29.52$ at 04/15/08 and is currently trading at 30.87$.

3- The stock current support level is at 30.51 which is the 23.60% fibonacci retracement of the last 4.18$ move.
4- The stock current resistance level is at 31.12 which is the 38.20% fibonacci retracement of the last 4.18$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 33.7 and 34.04, and is currently resisting at 33.1333.
Mid term chart patterns :

7- The Stock was resisted by a resistance line, identified by two points: 34.65 and 37.05, and is currently resisting at 33.7929.
Long term chart patterns :

8- The Stock formed a 9.17$ height triangle.

Conclusion:
ABI was trading in a bearish wave, which is becoming stronger .
Technical indicators and 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.
.

Resistance Levels: 31.12, 31.61, 32.10, 32.12, 33.12, 33.13, 33.70, 33.79, 34.84, 36.28, 37.79, 37.81, 37.83, 37.85, 37.87, 37.89, 37.91.
Support Levels: 30.55, 30.51, 30.35, 30.20, 30.04, 29.52,.

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ABITIBIBOWATER INC (ABH) Technical Analysis

Today we'll analyze the Stock ABH for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 11.85$ (04/09/08) to 12.73$ (04/10/08) a 0.88$ move
2- The current bearish trend started from 12.73$ at 04/10/08 and is currently trading at 11.68$.

3- The stock current support level is at 11.61 which is the 127.20% fibonacci retracement of the last 0.88$ move.
4- The stock current resistance level is at 11.85 which is the 100.00% fibonacci retracement of the last 0.88$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :

6- The Stock formed a 7.4$ height triangle which was broken down at 12.4 in higher than usual volume, target of the pattern is 5.
Mid term chart patterns :

7- The Stock formed a 7.4$ height triangle which was broken down at 12.4 in higher than usual volume, target of the pattern is 5.
Long term chart patterns :

None.

Conclusion:
ABH was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 11.85, 11.93, 12.08, 12.19, 12.20, 12.29, 12.33, 12.39, 12.52, 12.73, 13.57,.
Support Levels: 11.61, 11.31, 5.00,.

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Acco Brands Corporation (ABD) Technical Analysis

Today we'll analyze the Stock ABD for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 13.98$ (04/08/08) to 13.05$ (04/11/08) a 0.93$ move
2- The current bullish trend started from 13.05$ at 04/11/08 and is currently trading at 13.47$.

3- The stock current support level is at 13.41 which is the 38.20% fibonacci retracement of the last 0.93$ move.
4- The stock current resistance level is at 13.51 which is the 50.00% fibonacci retracement of the last 0.93$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 13.98 and 14.24, and is currently resisting at 13.668.
Mid term chart patterns :

7- The Stock formed Double Bottom Pattern at 13.1.
8- The Stock formed a 1.67$ height triangle which was broken up at 13.47 in higher than usual volume, target of the pattern is 15.14.
Long term chart patterns :

9- The Stock formed a 2.92$ height triangle.

Conclusion:
ABD was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 13.51, 13.62, 13.67, 13.98, 14.11, 14.23, 14.55, 15.14.
Support Levels: 13.41, 13.37, 13.31, 13.30, 13.27, 13.26, 13.21, 13.12, 13.05,.

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Amerisourcebergen Corporation (holding Co) (ABC) Technical Analysis

Today we'll analyze the Stock ABC for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 39.09$ (03/17/08) to 41.85$ (03/24/08) a 2.76$ move
2- The current bearish trend started from 41.85$ at 03/24/08 and is currently trading at 39.85$.

3- The stock current support level is at 39.09 which is the 100.00% fibonacci retracement of the last 2.76$ move.
4- The stock current resistance level is at 40.14 which is the 61.80% fibonacci retracement of the last 2.76$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :

6- The Stock traded in a bearish channel identifed by support at 39.09 and 44.89, resistance between 41.85 and 47.64 which was broken up at 39.5.
Mid term chart patterns :

7- The Stock was resisted by a resistance line, identified by two points: 41.85 and 47.64 that was broken up at 39.5 transforming into a supporting line.
Long term chart patterns :

8- The Stock traded in a bearish channel identifed by support at 42.76 and 43.35, resistance between 47.64 and 48.38 which was broken down at 42.31.

Conclusion:
ABC was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 40.14, 40.32, 40.47, 40.61, 40.80, 40.85, 41.09, 41.20, 41.85, 42.21, 45.56, 45.59, 45.68, 45.69, 46.00, 46.49.
Support Levels: 39.19, 39.09, 38.34,.

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Abb Ltd (ABB) Technical Analysis

Today we'll analyze the Stock ABB for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 27.49$ (04/01/08) to 26.38$ (04/14/08) a 1.11$ move
2- The current bullish trend started from 26.38$ at 04/14/08 and is currently trading at 27.81$.

3- The stock current support level is at 27.79 which is the 127.20% fibonacci retracement of the last 1.11$ move.
4- The stock current resistance level is at 28.18 which is the 161.80% fibonacci retracement of the last 1.11$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 26.38 and 24.21, and is currently supporting at 26.6512.
Mid term chart patterns :

7- The Stock formed Double Top Pattern at 26.11 that failed, and formed a support .
8- The Stock was supported by a support line, identified by two points: 24.21 and 22.93, and is currently supporting at 25.2117.
Long term chart patterns :

9- The Stock was resisted by a resistance line, identified by two points: 26 and 29.77 that was broken up at 24.98 transforming into a supporting line.

Conclusion:
ABB was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 28.18.
Support Levels: 27.79, 27.49, 27.47, 27.26, 27.09, 27.07, 26.93, 26.93, 26.80, 26.65, 26.64, 26.38, 26.20, 25.21, 24.08, 20.66, 13.64, 13.63, 13.62, 13.61, 13.60, 13.59, 13.14, 13.12, 13.10, 13.08, 13.06,.

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Alabama Power Company (ABA) Technical Analysis

Today we'll analyze the Stock ABA for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 26.33$ (02/21/08) to 25.44$ (03/05/08) a 0.89$ move
2- The current bullish trend started from 25.44$ at 03/05/08 and is currently trading at 26.25$.

3- The stock current support level is at 25.99 which is the 61.80% fibonacci retracement of the last 0.89$ move.
4- The stock current resistance level is at 26.33 which is the 100.00% fibonacci retracement of the last 0.89$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 25.44 and 24.94 that was broken down at 26.06 transforming into a resistance line.
Mid term chart patterns :

None.
Long term chart patterns :

None.

Conclusion:
ABA was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 26.33, 26.48, 26.57, 26.88.
Support Levels: 26.06, 25.99, 25.94, 25.89, 25.85, 25.78, 25.75, 25.65, 25.44, 23.83, 23.81, 23.80, 23.78, 23.76, 23.75, 23.73,.

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Alliance Capital Management Holding L.p. (AB) Technical Analysis

Today we'll analyze the Stock AB for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 63.27$ (03/28/08) to 67.15$ (04/01/08) a 3.88$ move
2- The current bearish trend started from 67.15$ at 04/01/08 and is currently trading at 58.65$.

3- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :

4- The Stock formed Double Top Pattern at 67.15.
5- The Stock formed a 9.02$ height triangle which was broken down at 63.31 in higher than usual volume, target of the pattern is 54.29.
Mid term chart patterns :

None.
Long term chart patterns :

None.

Conclusion:
AB was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 59.40, 60.66, 61.90, 62.90, 63.90, 67.15, 67.20, 67.66, 72.00, 75.73, 80.73, 87.48, 87.76, 88.04, 88.13.
Support Levels: 54.29, 52.13, 51.99,.

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Advantage Energy Income Fund (AAV) Technical Analysis

Today we'll analyze the Stock AAV for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 11.12$ (03/14/08) to 10.44$ (03/20/08) a 0.68$ move
2- The current bullish trend started from 10.44$ at 03/20/08 and is currently trading at 12.29$.

3- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

None.
Mid term chart patterns :

4- The Stock was supported by a support line, identified by two points: 10.44 and 8.31, and is currently supporting at 11.3985.
Long term chart patterns :

5- The Stock was resisted by a resistance line, identified by two points: 9.52 and 11.94 that was broken up at 9 transforming into a supporting line.

Conclusion:
AAV was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 14.27.
Support Levels: 11.85, 11.58, 11.40, 11.36, 11.15, 10.44, 10.21, 10.14, 10.07, 10.00, 9.93, 9.86, 9.26, 9.25, 9.25, 9.13, 9.08,.

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Amr Corporation (AAR) Technical Analysis

Today we'll analyze the Stock AAR for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 19.55$ (04/09/08) to 20.39$ (04/10/08) a 0.84$ move
2- The current bearish trend started from 20.39$ at 04/10/08 and is currently trading at 18.49$.

3- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :

4- The Stock was supported by a support line, identified by two points: 19.55 and 19.14 that was broken down at 19.55 transforming into a resistance line.
Mid term chart patterns :

5- The Stock was resisted by a resistance line, identified by two points: 20.39 and 21.95, and is currently resisting at 20.26.
Long term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 20.39 and 22.19, and is currently resisting at 20.2886.

Conclusion:
AAR was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 18.94, 19.22, 19.44, 19.66, 19.78, 20.19, 20.26, 20.29, 20.39.
Support Levels: 17.02, 17.02, 17.01, 17.01, 17.01, 17.00, 17.00, 16.99, 16.99, 16.99, 16.98, 16.98, 16.98, 16.97, 16.97, 16.97, 16.96, 16.96, 16.96, 16.95, 16.95, 16.94, 16.94, 16.94,.

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AAPL Technical Analysis

Today we'll analyze the Stock AAPL for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 155.89$ (04/07/08) to 147.14$ (04/11/08) a 8.75$ move
2- The current bullish trend started from 147.14$ at 04/11/08 and is currently trading at 153.70$.

3- The stock current support level is at 152.55 which is the 61.80% fibonacci retracement of the last 8.75$ move.
4- The stock current resistance level is at 155.89 which is the 100.00% fibonacci retracement of the last 8.75$ move.
5- According to ADX, the trend is currently strong bullish,which is becoming weaker.
Short term chart patterns :

6- The Stock was supported by a support line, identified by two points: 147.14 and 140.25, and is currently supporting at 149.019.
Mid term chart patterns :

7- The Stock formed Double Bottom Pattern at 119.69.
8- The Stock formed Double Top Pattern at 129.91 that failed, and formed a support .
Long term chart patterns :

None.

Conclusion:
AAPL was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 155.89, 158.27, 161.30, 177.95.
Support Levels: 152.55, 152.15, 151.51, 151.19, 150.48, 150.42, 149.65, 149.21, 149.02, 147.14, 131.18, 130.57, 126.99, 121.25, 120.05, 73.39, 72.13, 71.70, 63.99, 62.79, 51.08, 49.61, 35.60, 35.50, 32.28, 31.64, 31.32, 25.88, 15.35, 14.03, 13.91, 13.62, 12.85, 12.79, 11.77, 11.05, 10.60, 10.57, 10.39, 10.18, 9.79, 9.79, 9.58, 9.50, 9.37, 9.11, 9.08, 9.05, 8.92, 8.67, 8.44, 8.40, 7.76, 7.74, 7.64, 7.56, 6.54, 6.22, 6.00, 5.96, 5.69, 5.38, 4.56, 4.41, 4.02, 3.05, 1.74,.

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Advance Auto Parts Inc (AAP) Technical Analysis

Today we'll analyze the Stock AAP for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 35.94$ (04/04/08) to 33.44$ (04/15/08) a 2.50$ move
2- The current bullish trend started from 33.44$ at 04/15/08 and is currently trading at 34.67$.

3- The stock current support level is at 34.40 which is the 38.20% fibonacci retracement of the last 2.50$ move.
4- The stock current resistance level is at 34.69 which is the 50.00% fibonacci retracement of the last 2.50$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

6- The Stock formed Double Bottom Pattern at 33.44.
Mid term chart patterns :

7- The Stock was supported by a support line, identified by two points: 33.38 and 32.43 that was broken down at 34.33 transforming into a resistance line.
Long term chart patterns :

8- The Stock formed a 8.27$ height triangle which was broken up at 34.16 in higher than usual volume, target of the pattern is 42.43.

Conclusion:
AAP was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 34.69, 34.92, 34.98, 35.94, 36.20, 36.62, 37.49, 38.13, 38.34, 38.45, 38.49, 38.57, 41.65, 41.68, 41.83, 41.98, 42.43.
Support Levels: 34.40, 34.38, 34.20, 34.06, 34.03, 33.91, 33.44, 33.44, 33.05,.

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"Airtran Holdings (AAI) Technical Analysis

Today we'll analyze the Stock AAI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 6.83$ (04/01/08) to 4.13$ (04/11/08) a 2.70$ move
2- The current bullish trend started from 4.13$ at 04/11/08 and is currently trading at 4.89$.

3- The stock current support level is at 4.77 which is the 23.60% fibonacci retracement of the last 2.70$ move.
4- The stock current resistance level is at 5.16 which is the 38.20% fibonacci retracement of the last 2.70$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :

6- The Stock formed Double Top Pattern at 6.83.
Mid term chart patterns :

7- The Stock was resisted by a resistance line, identified by two points: 6.85 and 9.06, and is currently resisting at 6.01378.
Long term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 6.85 and 9.06, and is currently resisting at 6.01378.

Conclusion:
AAI was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 5.16, 5.48, 5.80, 6.01, 6.76, 6.82, 6.83, 7.56, 8.49, 8.50, 10.44, 10.48, 11.60, 11.90, 12.57.
Support Levels: 4.77, 4.71, 4.60, 4.51, 4.42, 4.13,.

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Alcoa Inc. (AA) Technical Analysis

Today we'll analyze the Stock AA for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 39.00$ (04/04/08) to 33.93$ (04/14/08) a 5.07$ move
2- The current bullish trend started from 33.93$ at 04/14/08 and is currently trading at 35.97$.

3- The stock current support level is at 35.87 which is the 38.20% fibonacci retracement of the last 5.07$ move.
4- The stock current resistance level is at 36.47 which is the 50.00% fibonacci retracement of the last 5.07$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :

None.
Mid term chart patterns :

None.
Long term chart patterns :

6- The Stock formed Double Top Pattern at 39.
7- The Stock formed a 10.48$ height triangle which was broken down at 36.11, target of the pattern is 25.63.

Conclusion:
AA was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 36.44, 36.47, 36.63, 37.06, 37.33, 38.60, 38.96, 39.00, 39.03, 40.38, 42.13.
Support Levels: 35.87, 35.49, 35.19, 35.13, 35.02, 34.95, 34.82, 34.71, 33.93, 31.05, 30.82, 30.54, 30.53, 28.76, 28.65, 27.91, 27.82, 27.80, 27.56, 26.69, 26.25, 25.84, 25.63, 25.39, 22.27, 17.49, 16.98, 16.82, 16.82, 15.20, 14.66, 13.60, 9.70, 9.07, 7.55, 7.53, 7.52, 7.12, 7.02, 6.88, 6.88, 6.83, 6.51, 6.46, 6.38, 6.36, 6.34, 6.29, 6.26, 6.01, 5.99, 5.97, 5.77, 5.39, 5.33, 4.59, 3.69, 3.46, 2.99, 2.83, 2.82, 2.77, 2.76, 2.75, 2.65,.

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"Agilent Technologies (A) Technical Analysis

Today we'll analyze the Stock A for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 31.71$ (04/04/08) to 29.15$ (04/15/08) a 2.56$ move
2- The current bullish trend started from 29.15$ at 04/15/08 and is currently trading at 30.40$.

3- The stock current support level is at 30.13 which is the 38.20% fibonacci retracement of the last 2.56$ move.
4- The stock current resistance level is at 30.43 which is the 50.00% fibonacci retracement of the last 2.56$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :

6- The Stock formed Double Bottom Pattern at 29.15.
Mid term chart patterns :

7- The Stock traded in a bearish channel identifed by support at 29.22 and 34.77, resistance between 31.71 and 36.97, the channel is currently supported from below by 27.8325 and resisted from above by 30.9845.
Long term chart patterns :

8- The Stock formed a 6.04$ height triangle which was broken down at 33.59, target of the pattern is 27.55.

Conclusion:
A was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 30.43, 30.73, 31.71, 32.41, 33.29, 35.14.
Support Levels: 30.18, 30.13, 30.11, 30.10, 30.00, 29.92, 29.89, 29.77, 29.75, 29.63, 29.15, 29.14, 29.12, 28.67, 28.63, 28.59, 28.56,.

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^IXIC Technical Analysis

Today we'll analyze the Index ^IXIC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 2,370.98$ (04/04/08) to 2,275.82$ (04/14/08) a 95.16$ move
2- The current bullish trend started from 2,275.82$ at 04/14/08 and is currently trading at 2,350.11$.

3- The stock current support level is at 2,334.63 which is the 61.80% fibonacci retracement of the last 95.16$ move.
4- The stock current resistance level is at 2,370.98 which is the 100.00% fibonacci retracement of the last 95.16$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

6- The Index was supported by a support line, identified by two points: 2275.82 and 2261.18, and is currently supporting at 2278.48.
Mid term chart patterns :

7- The Index was resisted by a resistance line, identified by two points: 2724.41 and 2859.12, and is currently resisting at 2454.99.
Long term chart patterns :

None.

Conclusion:
^IXIC was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 2,370.98, 2,376.35, 2,396.86, 2,429.79, 2,454.99, 2,727.39, 2,732.35.
Support Levels: 2,334.63, 2,332.58, 2,323.40, 2,321.73, 2,312.97, 2,312.17, 2,304.20, 2,298.28, 2,278.48, 2,275.82, 2,264.65, 2,178.54, 2,086.38, 1,959.24, 1,955.69, 1,790.76, 1,514.66, 1,510.97, 1,507.28, 1,503.59, 1,341.17, 1,270.07, 1,220.74, 1,218.47, 1,216.20, 1,213.93, 1,211.67, 1,209.40, 1,207.13, 1,204.86, 1,153.29, 983.47, 775.00, 774.64, 774.27, 773.91, 773.54, 773.18, 772.81, 772.44, 772.08, 771.71, 771.35, 750.42, 434.34, 434.26, 293.82, 293.44, 293.05, 278.19, 278.13, 278.07, 278.01, 277.95, 277.89, 277.83, 277.77, 277.71, 277.65, 277.59, 277.53, 277.47, 277.41, 277.36, 277.30, 277.24, 277.18, 277.12, 277.06,.

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^GSPC Technical Analysis

Today we'll analyze the Index ^GSPC for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 1,276.60$ (03/17/08) to 1,372.54$ (04/07/08) a 95.94$ move
2- The current bearish trend started from 1,372.54$ at 04/07/08 and is currently trading at 1,364.71$.

3- The stock current support level is at 1,349.90 which is the 23.60% fibonacci retracement of the last 95.94$ move.
4- The stock current resistance level is at 1,372.54 which is the 0.00% fibonacci retracement of the last 95.94$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

6- The Index formed Double Bottom Pattern at 1276.6.
Mid term chart patterns :

7- The Index was resisted by a resistance line, identified by two points: 1395.42 and 1515.96 that was broken up at 1330.74 transforming into a supporting line.
Long term chart patterns :

8- The Index was supported by a support line, identified by two points: 1406.7 and 800.73 that was broken down at 1447.16 transforming into a resistance line.

Conclusion:
^GSPC was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 1,366.56, 1,367.70, 1,368.63, 1,369.55, 1,372.54, 1,409.17, 1,459.82, 1,463.92, 1,497.92.
Support Levels: 1,361.27, 1,356.56, 1,355.43, 1,349.90, 1,335.89, 1,324.57, 1,313.25, 1,290.17, 1,283.71, 1,277.25, 1,276.60, 1,254.78, 1,250.50, 1,234.22, 1,232.85, 1,231.48, 1,230.12, 1,224.66, 1,218.23, 1,217.31, 1,178.44, 1,141.31, 1,141.03, 1,140.76, 1,140.48, 1,115.77, 1,085.11, 1,084.24, 1,083.38, 1,082.54, 1,082.51, 1,081.64, 996.38, 899.20, 897.86, 896.52, 895.18, 875.33, 875.08, 848.18, 737.65, 720.98, 630.88, 629.87, 628.86, 627.85, 626.84, 625.83, 624.83, 469.99, 469.44, 468.90, 468.35, 467.80, 467.25, 466.71, 466.16, 465.61, 465.06, 464.52, 463.97, 463.42, 462.87, 462.32, 461.78, 461.23, 460.68, 460.13, 459.59, 459.04, 458.49, 441.81, 441.45, 441.10, 440.74, 440.39, 440.03, 439.67, 439.32, 438.96, 438.60, 438.25, 437.89, 437.53, 437.18, 436.82, 436.46, 436.11, 435.75, 435.39, 435.04, 434.68, 434.32, 433.97, 433.61, 425.87, 425.81, 425.75, 425.69, 425.62, 397.94, 377.00, 376.91, 376.82, 374.96, 374.52, 374.08, 373.64, 373.20, 372.76, 372.32, 371.88, 371.45, 332.09, 331.44, 330.79, 330.14, 329.49, 327.11, 326.42, 325.73, 325.04, 324.36, 314.25, 313.92, 313.60, 299.29, 299.21, 299.14, 299.07, 298.99, 256.16, 256.13, 243.23,.

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Dow Jones Index (^DJI) Technical Analysis

Today we'll analyze the Index ^DJI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 12,694.28$ (02/27/08) to 11,740.15$ (03/10/08) a 954.13$ move
2- The current bullish trend started from 11,740.15$ at 03/10/08 and is currently trading at 12,619.27$.

3- The stock current support level is at 12,329.80 which is the 61.80% fibonacci retracement of the last 954.13$ move.
4- The stock current resistance level is at 12,694.28 which is the 100.00% fibonacci retracement of the last 954.13$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :

6- The Index formed Double Top Pattern at 12694.3.
Mid term chart patterns :

7- The Index was resisted by a resistance line, identified by two points: 12743.2 and 13727 that was broken up at 12156.8 transforming into a supporting line.
Long term chart patterns :

8- The Index was supported by a support line, identified by two points: 9749.99 and 7524.06 that was broken down at 13567.9 transforming into a resistance line.

Conclusion:
^DJI was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 12,625.23, 12,654.00, 12,682.77, 12,694.28, 12,953.80, 13,283.93, 14,495.02.
Support Levels: 12,411.80, 12,329.80, 12,283.45, 12,217.21, 12,179.71, 12,104.63, 12,075.97, 11,965.33, 11,740.15, 11,349.42, 10,967.29, 10,952.20, 10,937.10, 10,922.00, 10,906.91, 10,891.81, 10,876.72, 10,865.30, 10,861.62, 10,856.37, 10,846.53, 10,831.43, 10,816.34, 10,801.24, 10,786.15, 10,771.05, 10,755.96, 10,740.86, 10,711.23, 10,707.31, 10,570.68, 10,547.10, 10,523.52, 10,499.94, 10,305.77, 10,175.64, 7,992.13, 7,686.90, 7,675.57, 7,664.24, 7,652.92, 7,641.59, 7,205.52, 7,193.72, 7,181.92, 7,170.12, 7,158.32, 7,146.52, 7,134.72, 6,268.35, 3,879.55, 3,872.11, 3,864.68, 3,857.25, 3,849.81, 3,842.38, 3,834.95, 3,827.51, 3,820.08, 3,812.65, 3,805.21, 2,896.04, 2,893.55, 2,891.05, 2,861.51, 2,851.85, 2,842.18, 2,620.90, 2,612.83, 2,604.76, 2,596.69, 2,588.63, 2,515.18, 2,511.88, 2,508.58, 2,375.70, 2,371.05, 2,366.39, 2,361.74, 2,357.08, 2,352.43, 2,333.04, 2,330.57, 2,328.10, 2,325.62, 2,243.04, 1,990.62, 1,985.41, 1,766.16, 1,765.11, 1,764.06, 1,754.36, 1,752.25, 1,750.14,.

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Monday, April 7, 2008

Wal-Mart Stores, Inc. (WMT) Technical Analysis

Today we'll analyze the Stock WMT for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 50.94$ (02/01/08) to 48.53$ (02/08/08) a 2.41$ move
2- The current bullish trend started from 48.53$ at 02/08/08 and is currently trading at 54.40$.

3- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Short term chart patterns :
4- The Stock was supported by a support line, identified by two points: 48.53 and 45.5, and is currently supporting at 53.378.
Mid term chart patterns :
5- The Stock was supported by a support line, identified by two points: 45.5 and 42.51, and is currently supporting at 50.3588.
Long term chart patterns :
6- The Stock formed Double Top Pattern at 49.37 that failed, and formed a support .

Conclusion:
WMT was trading in a bullish wave, which is becoming stronger .
Technical indicators and 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.
.

Resistance Levels: .
Support Levels: 53.38, 53.01, 52.16, 51.47, 50.77, 50.36, 49.38,.


That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,







feel free to leave your comments on the post, or contact me

enjoy your online market trading!!
have a nice day,

Shadi
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UltraShort S&P500 ProShares (ETF) (SDS) Technical Analysis

Today we'll analyze the Stock SDS for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 61.42$ (03/25/08) to 64.48$ (03/28/08) a 3.06$ move
2- The current bearish trend started from 64.48$ at 03/28/08 and is currently trading at 59.50$.

3- According to ADX, the trend is currently bearish, which is getting stronger.
Short term chart patterns :
4- The Stock was resisted by a resistance line, identified by two points: 64.48 and 66.73, and is currently resisting at 62.605.
Mid term chart patterns :
5- The Stock formed a 10.22$ height triangle which was broken down at 63.58 in higher than usual volume, target of the pattern is 53.36.
Long term chart patterns :
6- The Stock was supported by a support line, identified by two points: 58.87 and 50.18 that was broken down at 64.14 transforming into a resistance line.

Conclusion:
SDS was trading in a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 60.68, 61.40, 61.99, 62.58, 62.61, 64.48, 64.52, 64.72, 69.25, 73.74.
Support Levels: .

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Advanced Micro Devices, Inc. (AMD) Technical Analysis

Today we'll analyze the Stock AMD for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 7.21$ (02/29/08) to 5.91$ (03/28/08) a 1.30$ move
2- The current bullish trend started from 5.91$ at 03/28/08 and is currently trading at 6.23$.

3- The stock current support level is at 6.22 which is the 23.60% fibonacci retracement of the last 1.30$ move.
4- The stock current resistance level is at 6.41 which is the 38.20% fibonacci retracement of the last 1.30$ move.
5- According to ADX, the trend is currently strong bearish, which is getting stronger.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 7.21 and 8 that was broken up at 6.23 transforming into a supporting line.
Mid term chart patterns :
7- The Stock formed a 1.75$ height triangle which was broken up at 6.23 in higher than usual volume, target of the pattern is 7.98 which was broken down at 6.38 in higher than usual volume, target of the pattern is 4.63.
Long term chart patterns :
8- The Stock formed a 1.75$ height triangle which was broken up at 6.23 in higher than usual volume, target of the pattern is 7.98 which was broken down at 6.38 in higher than usual volume, target of the pattern is 4.63.

Conclusion:
AMD was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 6.41, 6.52, 6.56, 6.71, 7.21, 7.56, 7.98, 8.01.
Support Levels: 6.22, 6.22, 6.15, 6.11, 6.07, 6.03, 5.91, 4.63,.

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Altria Group, Inc. (MO) Technical Analysis

Today we'll analyze the Stock MO for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 21.67$ (03/20/08) to 22.77$ (03/28/08) a 1.10$ move
2- The current bearish trend started from 22.77$ at 03/28/08 and is currently trading at 21.71$.

3- The stock current support level is at 21.67 which is the 100.00% fibonacci retracement of the last 1.10$ move.
4- The stock current resistance level is at 22.09 which is the 61.80% fibonacci retracement of the last 1.10$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Short term chart patterns :
6- The Stock traded in a bearish channel identifed by support at 21.67 and 22.86, resistance between 22.77 and 24.12, the channel is currently supported from below by 21.4536 and resisted from above by 22.6473.
Mid term chart patterns :
7- The Stock was supported by a support line, identified by two points: 19.48 and 16.67 that was broken down at 21.71 transforming into a resistance line.
Long term chart patterns :
8- The Stock was supported by a support line, identified by two points: 19.48 and 9.01 that was broken down at 21.71 transforming into a resistance line.

Conclusion:
MO was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 21.83, 21.96, 22.03, 22.09, 22.11, 22.22, 22.24, 22.35, 22.37, 22.51, 22.77,.
Support Levels: 21.67, 21.37, 20.99,.

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AT&T Inc. (T) Technical Analysis

Today we'll analyze the Stock T for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 37.88$ (02/15/08) to 34.83$ (02/29/08) a 3.05$ move
2- The current bullish trend started from 34.83$ at 02/29/08 and is currently trading at 38.48$.

3- The stock current support level is at 37.88 which is the 100.00% fibonacci retracement of the last 3.05$ move.
4- The stock current resistance level is at 38.71 which is the 127.20% fibonacci retracement of the last 3.05$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 37.88 and 38.28 that was broken up at 37.66 transforming into a supporting line.
Mid term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 38.28 and 42.03 that was broken up at 35.01 transforming into a supporting line.
Long term chart patterns :
8- The Stock formed Double Top Pattern at 42.03.

Conclusion:
T was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 38.71, 39.76, 42.08, 42.22.
Support Levels: 38.03, 37.88, 37.68, 37.62, 37.09, 36.71, 36.66, 36.48, 36.36, 36.22, 36.00, 35.55, 34.83,.

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AT&T Inc. (T) Technical Analysis

Today we'll analyze the Stock T for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 37.88$ (02/15/08) to 34.83$ (02/29/08) a 3.05$ move
2- The current bullish trend started from 34.83$ at 02/29/08 and is currently trading at 38.48$.

3- The stock current support level is at 37.88 which is the 100.00% fibonacci retracement of the last 3.05$ move.
4- The stock current resistance level is at 38.71 which is the 127.20% fibonacci retracement of the last 3.05$ move.
5- According to ADX, the trend is currently bullish,which is becoming weaker.
Short term chart patterns :
6- The Stock was resisted by a resistance line, identified by two points: 37.88 and 38.28 that was broken up at 37.66 transforming into a supporting line.
Mid term chart patterns :
7- The Stock was resisted by a resistance line, identified by two points: 38.28 and 42.03 that was broken up at 35.01 transforming into a supporting line.
Long term chart patterns :
8- The Stock formed Double Top Pattern at 42.03.

Conclusion:
T was trading in a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 38.71, 39.76, 42.08, 42.22.
Support Levels: 38.03, 37.88, 37.68, 37.62, 37.09, 36.71, 36.66, 36.48, 36.36, 36.22, 36.00, 35.55, 34.83,.

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Wells Fargo & Company (WFC) Technical Analysis

Today we'll analyze the Stock WFC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 32.55$ (03/20/08) to 29.35$ (03/28/08) a 3.20$ move
2- The current bullish trend started from 29.35$ at 03/28/08 and is currently trading at 30.93$.

3- The stock current support level is at 30.57 which is the 38.20% fibonacci retracement of the last 3.20$ move.
4- The stock current resistance level is at 30.95 which is the 50.00% fibonacci retracement of the last 3.20$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :
6- The Stock was supported by a support line, identified by two points: 29.35 and 28.11, and is currently supporting at 29.7633.
Mid term chart patterns :
None.
Long term chart patterns :
7- The Stock formed a 8.09$ height triangle.

Conclusion:
WFC was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 30.95, 31.33, 32.55, 33.42, 34.53.
Support Levels: 30.57, 30.56, 30.33, 30.14, 30.11, 29.95, 29.76, 29.35,.

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