Today we’ll analyze the stock Endo Pharmaceuticals Holdings Inc. (ENDP) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Endo Pharmaceuticals Holdings Inc. (ENDP)
1- Last bullish trend was from 23.45$ (12/23/2008) to 26.08$ (1/2/2009) a 2.63$ move
2- The current bearish trend started from 26.08$ at 1/2/2009 and is currently trading at 24.05$.

3- ENDP current support level is at 23.45 which is the 100.00% fibonacci retracement of the last 2.63$ move.
4- ENDP current resistance level is at 24.45 which is the 61.80% fibonacci retracement of the last 2.63$ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Endo Pharmaceuticals Holdings Inc. (ENDP) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 23.45 and 20.66 that was broken down at 24.05 transforming into a resistance line.
Endo Pharmaceuticals Holdings Inc. (ENDP) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 20.66 and 18.43 that was broken down at 22.33 transforming into a resistance line.
Endo Pharmaceuticals Holdings Inc. (ENDP) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 17.23 and 26.28 that was broken up at 18.02 transforming into a supporting line.
Stock Trading Conclusion:
Endo Pharmaceuticals Holdings Inc. (ENDP) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading.
Stock Resistance Levels : 24.45, 24.53, 24.67, 24.76, 24.83, 25.04, 25.05, 25.06, 25.08, 25.30, 25.46, 26.08, 29.21, 35.00, 35.06, 35.13, 35.19.
Stock Support levels : 23.45, 22.73, 21.82,.

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