Today we’ll analyze the stock Department 56 (DFS) for online market trading,
Technical indicators to notice in Department 56 (DFS)
1- Last bullish trend was from 17.52$ (5/9/2008) to 18.68$ (5/15/2008) a 1.16$ move
2- The current bearish trend started from 18.68$ at 5/15/2008 and is currently trading at 17.15$.

3- DFS current support level is at 16.80 which is the 161.80% fibonacci retracement of the last 1.16$ move.
4- DFS current resistance level is at 17.20 which is the 127.20% fibonacci retracement of the last 1.16$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.
Department 56 (DFS) Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 18.68 and 19.25, and is currently resisting at 18.11.
Department 56 (DFS) Mid term chart patterns :

7- The Stock formed a 2.23$ height triangle which was broken down at 17.08 in higher than usual volume, target of the pattern is 14.85.
Department 56 (DFS) Long term chart patterns :

8- The Stock was supported by a support line, identified by two points: 15.14 and 13.25 that was broken down at 17.47 transforming into a resistance line.

Conclusion:
Department 56 (DFS) 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: 17.20, 17.51, 17.52, 17.73, 17.91, 17.91, 17.96, 18.10, 18.10, 18.11, 18.24, 18.41, 18.68, 20.60, 23.16, 28.64.
Support Levels: 16.80, 16.08, 15.14,.