Today we will analyze the stock Citigroup Fdg Inc (EBY) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Citigroup Fdg Inc (EBY)
1- Last bullish trend was from 6.53 $ (4/14/2009) to 6.75 $ (4/16/2009) a 0.22 $ move 2- The current bearish trend started from 6.75 $ at 4/16/2009 and is currently trading at 5.65 $.
3- 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.
Citigroup Fdg Inc (EBY) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 6.750 and 6.970 that was broken up at 5.650 transforming into a supporting line.
Citigroup Fdg Inc (EBY) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 6.970 and 7.720 that was broken up at 5.650 transforming into a supporting line.
Citigroup Fdg Inc (EBY) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 3.100 $ height triangle which was broken up at 5.650, target of the pattern is 8.750 which was broken down at 5.650, target of the pattern is 2.550.

Stock Trading Conclusion:
Citigroup Fdg Inc (EBY) was trading in a strong bearish 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 : 5.79, 5.91, 6.07, 6.20, 6.33, 6.75, 8.75.
Stock Support levels : 4.70, 4.57,.