Generex Biotechnology Corporation (NASDAQ: GNBT) (NASDAQ:GNBT) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

Today we will analyze the stock Generex Biotechnology Corporation (GNBT) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Generex Biotechnology Corporation (GNBT)
1- Last bullish trend was from 0.64 $ (3/3/2010) to 0.66 $ (3/5/2010) a 0.02 $ move 2- The current bearish trend started from 0.66 $ at 3/5/2010 and is currently trading at 0.63 $. 3- GNBT current support level is at 0.63 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- GNBT current resistance level is at 0.63 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Generex Biotechnology Corporation (GNBT) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.660 .
7- The Stock formed a 0.060 $ height triangle which was broken down at 0.650, target of the pattern is 0.590.
Generex Biotechnology Corporation (GNBT) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.570 .
9- The Stock formed a 0.130 $ height triangle which was broken up at 0.620 in higher than usual volume, target of the pattern is 0.750.
Generex Biotechnology Corporation (GNBT) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.570 .
11- The Stock formed a 0.130 $ height triangle which was broken up at 0.620 in higher than usual volume, target of the pattern is 0.750.

Stock Trading Conclusion:
Generex Biotechnology Corporation (GNBT) was trading in a strong bullish 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 : 0.635, 0.637, 0.640, 0.641, 0.645, 0.648, 0.649, 0.650, 0.652, 0.655, 0.660, 0.710, 0.750,.
Stock Support levels : 0.628, 0.590, 0.570, 0.537,.