Today we will analyze the stock ATS MEDICAL (AM2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ATS MEDICAL (AM2.BE)
1- Last bullish trend was from 3.02 $ (5/21/2010) to 3.21 $ (6/9/2010) a 0.19 $ move 2- The current bearish trend started from 3.21 $ at 6/9/2010 and is currently trading at 3.02 $.
3- AM2.BE current support level is at 2.97 which is the 127.20 % fibonacci retracement of the last 0.19 $ move.
4- AM2.BE current resistance level is at 3.02 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
ATS MEDICAL (AM2.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.020 and 1.870 that was broken down at 3.060 transforming into a resistance line.
ATS MEDICAL (AM2.BE) Mid term stock chart patterns for internet stock trading :

None.
ATS MEDICAL (AM2.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.310 $ height triangle which was broken up at 1.880, target of the pattern is 2.190.

Stock Trading Conclusion:
ATS MEDICAL (AM2.BE) was trading in a strong 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 : 3.06, 3.09, 3.12, 3.14, 3.17, 3.21, 6.25.
Stock Support levels : 2.97, 2.90,.