Today we will analyze the stock Global Income Fund (GIF) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Global Income Fund (GIF)
1- Last bearish trend was from 4.14 $ (3/5/2008) to 3.88 $ (3/20/2008) a 0.26 $ move 2- The current bullish trend started from 3.88 $ at 3/20/2008 and is currently trading at 3.93 $.
3- GIF current support level is at 3.88 which is the 0.00 % fibonacci retracement of the last 0.26 $ move.
4- GIF current resistance level is at 3.94 which is the 23.60 % fibonacci retracement of the last 0.26 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
Global Income Fund (GIF) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.880 and 3.820, and is currently supporting at 3.890.
Global Income Fund (GIF) Mid term stock chart patterns for internet stock trading :

None.
Global Income Fund (GIF) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Global Income Fund (GIF) was trading in a bearish wave, which is becoming weaker .
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 : 3.94, 3.98, 4.01, 4.04, 4.14, 4.21, 4.30.
Stock Support levels : 3.92, 3.91, 3.91, 3.90, 3.89, 3.88,.