Today we’ll analyze the stock En Pointe Technologies (ENPT) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in En Pointe Technologies (ENPT)
1- Last bearish trend was from 0.70$ (12/31/2008) to 0.56$ (1/2/2009) a 0.14$ move
2- The current bullish trend started from 0.56$ at 1/2/2009 and is currently trading at 0.73$.

3- ENPT current support level is at 0.70 which is the 100.00% fibonacci retracement of the last 0.14$ move.
4- ENPT current resistance level is at 0.74 which is the 127.20% fibonacci retracement of the last 0.14$ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
En Pointe Technologies (ENPT) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.7 and 0.77 that was broken up at 0.73 transforming into a supporting line.
En Pointe Technologies (ENPT) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.7 and 0.77 that was broken up at 0.73 transforming into a supporting line.
En Pointe Technologies (ENPT) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 0.77 and 0.79, and is currently resisting at 0.760909.
Stock Trading Conclusion:
En Pointe Technologies (ENPT) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.738, 0.761, 0.770, 0.787, 2.040, 2.311, 3.085, 3.360.
Stock Support levels : 0.700, 0.690, 0.665, 0.653, 0.647, 0.645, 0.630, 0.625, 0.613, 0.593, 0.560,.

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