Chile Fund (AMEX: CH) (AMEX:CH) Stock Research Trends Targets and Technical Analysis - AMEX American exchange [en]

Today we will analyze the stock Chile Fund (CH) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Chile Fund (CH)
1- Last bearish trend was from 18.17 $ (2/2/2010) to 16.80 $ (2/8/2010) a 1.37 $ move 2- The current bullish trend started from 16.80 $ at 2/8/2010 and is currently trading at 18.11 $. 3- CH current support level is at 17.65 which is the 61.80 % fibonacci retracement of the last 1.37 $ move.
4- CH current resistance level is at 18.17 which is the 100.00 % fibonacci retracement of the last 1.37 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Chile Fund (CH) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 18.170 and 19.600 that was broken up at 17.430 transforming into a supporting line.
Chile Fund (CH) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 16.800 and 14.340, and is currently supporting at 17.347.
Chile Fund (CH) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 16.800 and 14.340, and is currently supporting at 17.347.

Stock Trading Conclusion:
Chile Fund (CH) was trading in a bearish 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 : 18.17, 18.54, 19.02.
Stock Support levels : 17.80, 17.65, 17.61, 17.49, 17.45, 17.35, 17.32, 17.30, 17.12, 16.80,.