Today we will analyze the stock HEALTHSHARES OPTHALMOLOGY EXCH (HHZ) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in HEALTHSHARES OPTHALMOLOGY EXCH (HHZ)
1- Last bearish trend was from 16.27 $ (8/6/2008) to 14.40 $ (9/18/2008) a 1.87 $ move 2- The current bullish trend started from 14.40 $ at 9/18/2008 and is currently trading at 14.87 $.
3- HHZ current support level is at 14.84 which is the 23.60 % fibonacci retracement of the last 1.87 $ move.
4- HHZ current resistance level is at 15.11 which is the 38.20 % fibonacci retracement of the last 1.87 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
HEALTHSHARES OPTHALMOLOGY EXCH (HHZ) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 14.400 and 15.220,resistance between 16.270 and 17.090 which was broken up at 14.870.
HEALTHSHARES OPTHALMOLOGY EXCH (HHZ) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 16.270 and 17.090 that was broken up at 14.870 transforming into a supporting line.
HEALTHSHARES OPTHALMOLOGY EXCH (HHZ) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
HEALTHSHARES OPTHALMOLOGY EXCH (HHZ) 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 : 15.11, 15.34, 15.56, 16.27, 16.78, 17.43.
Stock Support levels : 14.84, 14.76, 14.69, 14.64, 14.58, 14.40, 13.87,.