Ishares Trust (AMEX: DSI) (AMEX:DSI) Stock Research Trends Targets and Technical Analysis - AMEX American exchange [en]

Today we will analyze the stock Ishares Trust (DSI) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Ishares Trust (DSI)
1- Last bearish trend was from 43.95 $ (1/19/2010) to 40.59 $ (2/8/2010) a 3.36 $ move 2- The current bullish trend started from 40.59 $ at 2/8/2010 and is currently trading at 44.10 $. 3- DSI current support level is at 43.95 which is the 100.00 % fibonacci retracement of the last 3.36 $ move.
4- DSI current resistance level is at 44.86 which is the 127.20 % fibonacci retracement of the last 3.36 $ move.
5- According to ADX Indicator, the trend is currently 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.
Ishares Trust (DSI) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 40.590 and 39.360, and is currently supporting at 41.012.
Ishares Trust (DSI) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 40.590 and 33.140,resistance between 43.950 and 35.430, the stock channel is currently supported from below by 41.748 and resisted from above by 45.920.
Ishares Trust (DSI) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 34.190 and 36.790 that was broken up at 31.290 transforming into a supporting line.

Stock Trading Conclusion:
Ishares Trust (DSI) was trading in a 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 : 44.86, 46.03.
Stock Support levels : 43.95, 43.27, 42.76, 42.67, 42.35, 42.27, 41.93, 41.87, 41.38, 41.01, 40.59,.