Today we’ll analyze the stock ZBB ENERGY CORP (ZBB) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in ZBB ENERGY CORP (ZBB)
1- Last bearish trend was from 1.62$ (12/26/2008) to 1.35$ (12/31/2008) a 0.27$ move
2- The current bullish trend started from 1.35$ at 12/31/2008 and is currently trading at 1.48$.

3- ZBB current support level is at 1.45 which is the 38.20% fibonacci retracement of the last 0.27$ move.
4- ZBB current resistance level is at 1.49 which is the 50.00% fibonacci retracement of the last 0.27$ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator.
ZBB ENERGY CORP (ZBB) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.62 and 1.8, and is currently resisting at 1.51714.
ZBB ENERGY CORP (ZBB) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.35 and 0.86, and is currently supporting at 1.3696.
ZBB ENERGY CORP (ZBB) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 1.35 and 0.86, and is currently supporting at 1.3696.

Stock Trading Conclusion:
ZBB ENERGY CORP (ZBB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading.
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Stock Resistance Levels : 1.49, 1.52, 1.52, 1.62, 1.69, 1.79, 2.47, 3.24, 4.00.
Stock Support levels : 1.45, 1.45, 1.43, 1.41, 1.41, 1.40, 1.37, 1.35,.