Today we will analyze the stock 10 HITS LINKED ALLEGHENY TECH (AAY) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in 10 HITS LINKED ALLEGHENY TECH (AAY)
1- Last bearish trend was from 7.94 $ (4/8/2008) to 6.85 $ (4/15/2008) a 1.09 $ move 2- The current bullish trend started from 6.85 $ at 4/15/2008 and is currently trading at 7.00 $.
3- AAY current support level is at 6.85 which is the 0.00 % fibonacci retracement of the last 1.09 $ move.
4- AAY current resistance level is at 7.11 which is the 23.60 % fibonacci retracement of the last 1.09 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
10 HITS LINKED ALLEGHENY TECH (AAY) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.850 and 6.680, and is currently supporting at 6.892.
10 HITS LINKED ALLEGHENY TECH (AAY) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.290 and 6.070, and is currently supporting at 6.466.
10 HITS LINKED ALLEGHENY TECH (AAY) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 6.290 and 6.070, and is currently supporting at 6.466.

Stock Trading Conclusion:
10 HITS LINKED ALLEGHENY TECH (AAY) 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 : 7.11, 7.27, 7.39, 7.52, 7.94, 8.24, 8.61.
Stock Support levels : 6.96, 6.94, 6.93, 6.91, 6.89, 6.85, 6.61, 6.47,.