Today we will analyze the stock AVID TECHNOLOGY (AVD.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in AVID TECHNOLOGY (AVD.DE)
1- Last bearish trend was from 10.55 $ (7/9/2010) to 9.10 $ (11/3/2010) a 1.45 $ move 2- The current bullish trend started from 9.10 $ at 11/3/2010 and is currently trading at 9.50 $.
3- AVD.DE current support level is at 9.44 which is the 23.60 % fibonacci retracement of the last 1.45 $ move.
4- AVD.DE current resistance level is at 9.65 which is the 38.20 % fibonacci retracement of the last 1.45 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
AVID TECHNOLOGY (AVD.DE) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 16.270 $ height triangle which was broken up at 9.500, target of the pattern is 25.770.
AVID TECHNOLOGY (AVD.DE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 10.550 and 27.500 that was broken up at 9.500 transforming into a supporting line.
AVID TECHNOLOGY (AVD.DE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 10.550 and 27.500 that was broken up at 9.500 transforming into a supporting line.

Stock Trading Conclusion:
AVID TECHNOLOGY (AVD.DE) 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 : 9.65, 9.83, 10.00, 10.55, 10.94, 11.45, 25.77.
Stock Support levels : 9.44, 9.41, 9.35, 9.30, 9.25, 9.10, 5.37, 4.68,.