Today we’ll analyze the stock Imageware Systems (IW) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Imageware Systems (IW)
1- Last bullish trend was from 0.70$ (4/24/2008) to 0.75$ (4/29/2008) a 0.05$ move
2- The current bearish trend started from 0.75$ at 4/29/2008 and is currently trading at 0.66$.

3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Imageware Systems (IW) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.7 that failed and formed a resistance.
Imageware Systems (IW) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.75 and 1.12 that was broken up at 0.66 transforming into a supporting line.
Imageware Systems (IW) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.12 and 1.23, and is currently resisting at 1.0155.
Stock Trading Conclusion:
Imageware Systems (IW) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.681, 0.694, 0.700, 0.705, 0.716, 0.740, 0.750, 1.015, 1.150, 1.530, 1.750, 2.430.
Stock Support levels : .

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