Today we will analyze the stock FORTRESS AMERICA UT (FIGIU) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in FORTRESS AMERICA UT (FIGIU)
1- Last bearish trend was from 1.26 $ (6/30/2009) to 0.90 $ (7/9/2009) a 0.36 $ move 2- The current bullish trend started from 0.90 $ at 7/9/2009 and is currently trading at 1.22 $.
3- FIGIU current support level is at 1.12 which is the 61.80 % fibonacci retracement of the last 0.36 $ move.
4- FIGIU current resistance level is at 1.26 which is the 100.00 % fibonacci retracement of the last 0.36 $ 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.
6- Bullish Divergance in MACD Indicator .
FORTRESS AMERICA UT (FIGIU) Short term stock chart patterns for internet stock trading :

None.
FORTRESS AMERICA UT (FIGIU) Mid term stock chart patterns for internet stock trading :

None.
FORTRESS AMERICA UT (FIGIU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
FORTRESS AMERICA UT (FIGIU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 1.26, 1.36, 1.48.
Stock Support levels : 1.14, 1.12, 1.10, 1.08, 1.06, 1.04, 1.02, 0.98, 0.90,.