Today we will analyze the stock NETEZZA CORPORATION (NZ) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in NETEZZA CORPORATION (NZ)
1- Last bullish trend was from 22.37 $ (9/9/2010) to 28.27 $ (9/20/2010) a 5.90 $ move 2- The current bearish trend started from 28.27 $ at 9/20/2010 and is currently trading at 27.01 $.
3- NZ current support level is at 26.88 which is the 23.60 % fibonacci retracement of the last 5.90 $ move.
4- NZ current resistance level is at 28.27 which is the 0.00 % fibonacci retracement of the last 5.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
NETEZZA CORPORATION (NZ) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 22.370 and 19.210,resistance between 28.270 and 23.970 which was broken down at 27.030 in higher than usual volume.
NETEZZA CORPORATION (NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 22.370 and 13.890 that was broken down at 27.460 transforming into a resistance line.
NETEZZA CORPORATION (NZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 13.890 and 13.090, and is currently supporting at 15.690.

Stock Trading Conclusion:
NETEZZA CORPORATION (NZ) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 27.31, 27.49, 27.64, 27.79, 28.27, 42.68, 43.57.
Stock Support levels : 26.88, 26.02, 25.32, 24.62, 22.37, 20.77, 18.72,.