Today we will analyze the stock Acme United Corporation. (ACU) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Acme United Corporation. (ACU)
1- Last bearish trend was from 11.50 $ (3/8/2010) to 11.04 $ (3/10/2010) a 0.46 $ move 2- The current bullish trend started from 11.04 $ at 3/10/2010 and is currently trading at 11.55 $.
3- ACU current support level is at 11.50 which is the 100.00 % fibonacci retracement of the last 0.46 $ move.
4- ACU current resistance level is at 11.63 which is the 127.20 % fibonacci retracement of the last 0.46 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Acme United Corporation. (ACU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.040 and 8.900, and is currently supporting at 11.254.
Acme United Corporation. (ACU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 9.600 that failed, and formed a support .
8- The Stock was supported by a support line, identified by two points: 8.900 and 8.670, and is currently supporting at 9.053.
Acme United Corporation. (ACU) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 1.880 $ height triangle which was broken up at 8.950 in higher than usual volume, target of the pattern is 10.830.

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

Stock Resistance Levels : 11.63, 11.78.
Stock Support levels : 11.50, 11.43, 11.36, 11.32, 11.30, 11.27, 11.25, 11.23, 11.22, 11.15, 11.04, 9.63, 9.05,.


Acme United Corporation (ACU) Company Profile
Acme United Corporation. The Group's principal activities are to manufacture and distribute cutting devices, measuring instruments and safety products for

Acme United Corp. (ACU)
Feb 14, 2009 Acme United Corp. (ACU). Acme United Corporation is a leading worldwide supplier of innovative branded cutting, measuring and

Acme United Corporation - Google Finance
Get the latest on Acme United Corporation including up to date news, high quality Acme United Corporation. (Public, AMEX:ACU) Watch this stock

ACME UNITED CORP (ACU:US): Stock Quote & Company Profile
Get ACME UNITED CORP (ACU:US) stock research & investing information. Find historical stock quotes, key competitors, stock data, executive management and

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