Today we will analyze the stock ATLANTIS PLASTICS (AP9.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ATLANTIS PLASTICS (AP9.BE)
1- Last bullish trend was from 0.06 $ (4/21/2008) to 0.08 $ (4/24/2008) a 0.02 $ move 2- The current bearish trend started from 0.08 $ at 4/24/2008 and is currently trading at 0.06 $.
3- AP9.BE current support level is at 0.05 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- AP9.BE current resistance level is at 0.06 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
ATLANTIS PLASTICS (AP9.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.060 .
ATLANTIS PLASTICS (AP9.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.060 .
ATLANTIS PLASTICS (AP9.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.060 .

Stock Trading Conclusion:
ATLANTIS PLASTICS (AP9.BE) was trading in a strong 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. .

Stock Resistance Levels : 0.065, 0.068, 0.070, 0.072, 0.072, 0.075, 0.080,.
Stock Support levels : 0.055,.