Today we will analyze the stock Grey Wolf (GW) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Grey Wolf (GW)
1- Last bearish trend was from 6.36 $ (12/19/2008) to 3.14 $ (12/22/2008) a 3.22 $ move 2- The current bullish trend started from 3.14 $ at 12/22/2008 and is currently trading at 3.41 $.
3- GW current support level is at 3.14 which is the 0.00 % fibonacci retracement of the last 3.22 $ move.
4- GW current resistance level is at 3.90 which is the 23.60 % fibonacci retracement of the last 3.22 $ move.
5- 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.
Grey Wolf (GW) Short term stock chart patterns for internet stock trading :

None.
Grey Wolf (GW) Mid term stock chart patterns for internet stock trading :

None.
Grey Wolf (GW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Grey Wolf (GW) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 3.90, 4.37, 4.75, 5.13, 5.56, 6.36, 7.24, 8.35.
Stock Support levels : 3.35, 3.31, 3.28, 3.24, 3.14,.