Today we will analyze the stock Beverly National Corporation (BNV) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Beverly National Corporation (BNV)
1- Last bearish trend was from 22.95 $ (10/16/2009) to 21.72 $ (10/21/2009) a 1.23 $ move 2- The current bullish trend started from 21.72 $ at 10/21/2009 and is currently trading at 23.04 $.
3- BNV current support level is at 22.95 which is the 100.00 % fibonacci retracement of the last 1.23 $ move.
4- BNV current resistance level is at 23.28 which is the 127.20 % fibonacci retracement of the last 1.23 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
6- Bearish Divergance in MACD Indicator .
Beverly National Corporation (BNV) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 21.720 and 20.410, and is currently supporting at 22.147.
Beverly National Corporation (BNV) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 20.410 and 14.250 that was broken down at 21.300 transforming into a resistance line.
Beverly National Corporation (BNV) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 18.850 and 19.910 that was broken up at 20.910 transforming into a supporting line.

Stock Trading Conclusion:
Beverly National Corporation (BNV) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 23.28, 23.71, 27.37.
Stock Support levels : 22.95, 22.73, 22.54, 22.48, 22.38, 22.33, 22.22, 22.19, 22.15, 22.01, 21.72,.