Today we will analyze the stock APPLIED MATERIALS INC. (AMAT.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in APPLIED MATERIALS INC. (AMAT.BA)
1- Last bearish trend was from 13.05 $ (5/13/2011) to 9.80 $ (9/13/2011) a 3.25 $ move 2- The current bullish trend started from 9.80 $ at 9/13/2011 and is currently trading at 11.50 $.
3- AMAT.BA current support level is at 11.43 which is the 50.00 % fibonacci retracement of the last 3.25 $ move.
4- AMAT.BA current resistance level is at 11.81 which is the 61.80 % fibonacci retracement of the last 3.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
APPLIED MATERIALS INC. (AMAT.BA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 13.050 and 13.350, and is currently resisting at 12.750.
APPLIED MATERIALS INC. (AMAT.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 13.050 and 13.350, and is currently resisting at 12.750.
APPLIED MATERIALS INC. (AMAT.BA) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 9.800 and 8.200,resistance between 13.350 and 10.850, the stock channel is currently supported from below by 10.029 and resisted from above by 14.119.

Stock Trading Conclusion:
APPLIED MATERIALS INC. (AMAT.BA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 11.81, 12.75, 13.05, 13.93, 15.06.
Stock Support levels : 11.43, 11.10, 11.04, 10.85, 10.65, 10.57, 10.45, 9.80,.