Today we’ll analyze the stock ISHARES DJ US HCIF (ITB) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in ISHARES DJ US HCIF (ITB)
1- Last bearish trend was from 11.55$ (12/17/2008) to 9.22$ (12/29/2008) a 2.33$ move
2- The current bullish trend started from 9.22$ at 12/29/2008 and is currently trading at 10.58$.

3- ITB current support level is at 10.39 which is the 50.00% fibonacci retracement of the last 2.33$ move.
4- ITB current resistance level is at 10.66 which is the 61.80% fibonacci retracement of the last 2.33$ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ISHARES DJ US HCIF (ITB) Short term stock chart patterns for internet stock trading :

None.
ISHARES DJ US HCIF (ITB) Mid term stock chart patterns for internet stock trading :

None.
ISHARES DJ US HCIF (ITB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ISHARES DJ US HCIF (ITB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 10.66, 11.55, 12.18, 12.99, 15.82, 17.34, 19.40, 34.73, 36.36, 36.48, 36.61, 36.88, 36.94, 37.01, 39.95, 40.02, 42.26.
Stock Support levels : 10.39, 10.26, 10.11, 10.06, 9.90, 9.77, 9.74, 9.22,.