Today we will analyze the stock iShares MSCI Canada Index Fund (EWC) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in iShares MSCI Canada Index Fund (EWC)
1- Last bearish trend was from 26.68 $ (8/18/2010) to 25.43 $ (8/24/2010) a 1.25 $ move 2- The current bullish trend started from 25.43 $ at 8/24/2010 and is currently trading at 26.64 $.
3- EWC current support level is at 26.20 which is the 61.80 % fibonacci retracement of the last 1.25 $ move.
4- EWC current resistance level is at 26.68 which is the 100.00 % fibonacci retracement of the last 1.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
iShares MSCI Canada Index Fund (EWC) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 25.430 and 25.730,resistance between 26.680 and 27.230 which was broken up at 26.640 in higher than usual volume.
iShares MSCI Canada Index Fund (EWC) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 27.230 and 27.620, and is currently resisting at 26.986.
iShares MSCI Canada Index Fund (EWC) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 27.620 and 28.850 that was broken up at 26.320 transforming into a supporting line.

Stock Trading Conclusion:
iShares MSCI Canada Index Fund (EWC) 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 : 26.68, 26.99, 27.02, 27.45.
Stock Support levels : 26.35, 26.20, 26.18, 26.13, 26.06, 26.03, 25.94, 25.91, 25.89, 25.73, 25.43,.