Today we will analyze the stock HAYS (HAY.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in HAYS (HAY.MU)
1- Last bullish trend was from 1.01 $ (4/12/2012) to 1.11 $ (5/4/2012) a 0.10 $ move 2- The current bearish trend started from 1.11 $ at 5/4/2012 and is currently trading at 1.03 $.
3- HAY.MU current support level is at 1.01 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
4- HAY.MU current resistance level is at 1.05 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
HAYS (HAY.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.010 and 0.980, and is currently supporting at 1.027.
HAYS (HAY.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.010 and 0.950 that was broken down at 1.030 transforming into a resistance line.
HAYS (HAY.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
HAYS (HAY.MU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 1.03, 1.05, 1.05, 1.06, 1.06, 1.07, 1.07, 1.08, 1.09, 1.11,.
Stock Support levels : 1.03, 1.01, 0.98,.