Endeavor Acquisition Corp. (AMEX: EDA) (AMEX:EDA) Stock Research Trends Targets and Technical Analysis - AMEX American exchange [en]

Today we will analyze the stock Endeavor Acquisition Corp. (EDA) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Endeavor Acquisition Corp. (EDA)
1- Last bullish trend was from 6.68 $ (1/15/2009) to 7.33 $ (1/26/2009) a 0.65 $ move 2- The current bearish trend started from 7.33 $ at 1/26/2009 and is currently trading at 6.98 $. 3- EDA current support level is at 6.93 which is the 61.80 % fibonacci retracement of the last 0.65 $ move.
4- EDA current resistance level is at 7.01 which is the 50.00 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Endeavor Acquisition Corp. (EDA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.330 and 8.110, and is currently resisting at 6.989.
Endeavor Acquisition Corp. (EDA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 7.330 and 8.110, and is currently resisting at 6.989.
Endeavor Acquisition Corp. (EDA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 6.680 .

Stock Trading Conclusion:
Endeavor Acquisition Corp. (EDA) was trading in a bullish 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 : 6.99, 7.01, 7.06, 7.08, 7.11, 7.16, 7.18, 7.20, 7.33, 8.09, 8.10.
Stock Support levels : 6.93, 6.69, 6.68, 6.50,.