Today we will analyze the stock Avalon Holdings Corporation (AWX) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Avalon Holdings Corporation (AWX)
1- Last bullish trend was from 3.33 $ (1/19/2012) to 3.78 $ (2/2/2012) a 0.45 $ move 2- The current bearish trend started from 3.78 $ at 2/2/2012 and is currently trading at 3.57 $.
3- AWX current support level is at 3.55 which is the 50.00 % fibonacci retracement of the last 0.45 $ move.
4- AWX current resistance level is at 3.61 which is the 38.20 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Avalon Holdings Corporation (AWX) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.330 and 2.680 that was broken down at 3.520 transforming into a resistance line.
Avalon Holdings Corporation (AWX) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.680 and 2.610, and is currently supporting at 2.737.
Avalon Holdings Corporation (AWX) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 2.610 .
9- The Stock formed a 0.280 $ height triangle which was broken up at 2.910 in higher than usual volume, target of the pattern is 3.190.

Stock Trading Conclusion:
Avalon Holdings Corporation (AWX) was trading in a strong bullish wave, which is becoming stronger .
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 : 3.61, 3.62, 3.65, 3.67, 3.67, 3.70, 3.78, 4.52.
Stock Support levels : 3.55, 3.50, 3.33, 3.21, 3.05, 2.74, 2.73,.