Today we will analyze the stock ALLIED WASTE INDS (AWA.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in ALLIED WASTE INDS (AWA.MU)
1- Last bullish trend was from 7.39 $ (11/24/2008) to 8.23 $ (12/1/2008) a 0.84 $ move 2- The current bearish trend started from 8.23 $ at 12/1/2008 and is currently trading at 7.90 $.
3- AWA.MU current support level is at 7.81 which is the 50.00 % fibonacci retracement of the last 0.84 $ move.
4- AWA.MU current resistance level is at 7.91 which is the 38.20 % fibonacci retracement of the last 0.84 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
ALLIED WASTE INDS (AWA.MU) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 2.170 $ height triangle.
ALLIED WASTE INDS (AWA.MU) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.390 and 6.460, and is currently supporting at 7.733.
ALLIED WASTE INDS (AWA.MU) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 7.390 and 6.460,resistance between 8.630 and 7.570, the stock channel is currently supported from below by 7.733 and resisted from above by 9.183.

Stock Trading Conclusion:
ALLIED WASTE INDS (AWA.MU) was trading in a 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 : 7.91, 7.98, 8.03, 8.03, 8.06, 8.10, 8.23,.
Stock Support levels : 7.81, 7.73, 7.71, 7.51, 7.39, 7.16,.