Today we’ll analyze the stock Epicept Corporation (EPCT) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Epicept Corporation (EPCT)
1- Last bearish trend was from 0.64$ (12/31/2008) to 0.61$ (1/2/2009) a 0.03$ move
2- The current bullish trend started from 0.61$ at 1/2/2009 and is currently trading at 0.63$.

3- EPCT current support level is at 0.63 which is the 61.80% fibonacci retracement of the last 0.03$ move.
4- EPCT current resistance level is at 0.64 which is the 100.00% fibonacci retracement of the last 0.03$ move.
5- According to ADX Indicator, the trend is currently 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.
6- Bearish Divergance in MACD Indicator.
Epicept Corporation (EPCT) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.64.
8- The Stock formed a 0.06$ height triangle.
Epicept Corporation (EPCT) Mid term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.72 and 0.73, and is currently resisting at 0.704286.
Epicept Corporation (EPCT) Long term stock chart patterns for internet stock trading :

10- The Stock was resisted by a resistance line, identified by two points: 0.72 and 0.73, and is currently resisting at 0.704286.

Stock Trading Conclusion:
Epicept Corporation (EPCT) was trading in a 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.
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Stock Resistance Levels : 0.640, 0.648, 0.659, 0.670, 0.704, 2.217, 2.220,.
Stock Support levels : 0.629, 0.625, 0.625, 0.622, 0.621, 0.620, 0.618, 0.617, 0.610, 0.270,.