Today we will analyze the stock Credit Suisse High Yield Bond Fund (DHY) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Credit Suisse High Yield Bond Fund (DHY)
1- Last bullish trend was from 2.74 $ (6/2/2010) to 3.17 $ (8/18/2010) a 0.43 $ move 2- The current bearish trend started from 3.17 $ at 8/18/2010 and is currently trading at 3.01 $.
3- DHY current support level is at 3.01 which is the 38.20 % fibonacci retracement of the last 0.43 $ move.
4- DHY current resistance level is at 3.07 which is the 23.60 % fibonacci retracement of the last 0.43 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Credit Suisse High Yield Bond Fund (DHY) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.740 and 2.540 that was broken down at 2.780 transforming into a resistance line.
Credit Suisse High Yield Bond Fund (DHY) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.960 and 3.060 that was broken up at 2.900 transforming into a supporting line.
Credit Suisse High Yield Bond Fund (DHY) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.960 and 3.060 that was broken up at 2.900 transforming into a supporting line.

Stock Trading Conclusion:
Credit Suisse High Yield Bond Fund (DHY) was trading in a strong bearish 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 : 3.05, 3.07, 3.07, 3.09, 3.11, 3.17, 4.32.
Stock Support levels : 3.01, 2.95, 2.90, 2.77, 2.74, 2.62,.