Today we’ll analyze the stock THE ENSIGN GROUP IN (ENSG) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in THE ENSIGN GROUP IN (ENSG)
1- Last bullish trend was from 15.52$ (12/24/2008) to 17.30$ (12/29/2008) a 1.78$ move
2- The current bearish trend started from 17.30$ at 12/29/2008 and is currently trading at 17.21$.

3- ENSG current support level is at 16.88 which is the 23.60% fibonacci retracement of the last 1.78$ move.
4- ENSG current resistance level is at 17.30 which is the 0.00% fibonacci retracement of the last 1.78$ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
THE ENSIGN GROUP IN (ENSG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.52 and 13.71 that was broken down at 16.74 transforming into a resistance line.
THE ENSIGN GROUP IN (ENSG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 16.58 and 17.09 that was broken up at 16.42 transforming into a supporting line.
THE ENSIGN GROUP IN (ENSG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 13.71 and 12.48, and is currently supporting at 14.2926.

Stock Trading Conclusion:
THE ENSIGN GROUP IN (ENSG) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 17.23, 17.24, 17.25, 17.27, 17.30, 17.78.
Stock Support levels : 16.88, 16.62, 16.41, 16.20, 15.64, 15.52, 15.04, 14.42, 14.29, 11.20, 11.12,.