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 bearish trend was from 2.92 $ (12/7/2011) to 2.83 $ (12/20/2011) a 0.09 $ move 2- The current bullish trend started from 2.83 $ at 12/20/2011 and is currently trading at 3.18 $.
3- 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.
Credit Suisse High Yield Bond Fund (DHY) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.140 $ height triangle which was broken up at 2.910, target of the pattern is 3.050.
Credit Suisse High Yield Bond Fund (DHY) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.840 $ height triangle which was broken up at 2.780 in higher than usual volume, target of the pattern is 3.620.
Credit Suisse High Yield Bond Fund (DHY) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Credit Suisse High Yield Bond Fund (DHY) 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 : 3.62.
Stock Support levels : 3.10, 3.05, 3.01, 2.96, 2.88, 2.83,.