Today we will analyze the stock Intel Corporation (INTC) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Intel Corporation (INTC)
1- Last bearish trend was from 25.66 $ (12/7/2011) to 23.10 $ (12/19/2011) a 2.56 $ move 2- The current bullish trend started from 23.10 $ at 12/19/2011 and is currently trading at 26.74 $.
3- INTC current support level is at 26.36 which is the 127.20 % fibonacci retracement of the last 2.56 $ move.
4- INTC current resistance level is at 27.24 which is the 161.80 % fibonacci retracement of the last 2.56 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Intel Corporation (INTC) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 23.100 and 22.700,resistance between 25.660 and 25.340 which was broken up at 26.550.
Intel Corporation (INTC) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 23.100 and 22.700,resistance between 25.660 and 25.340 which was broken up at 26.550.
Intel Corporation (INTC) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 23.100 and 22.700,resistance between 25.660 and 25.340 which was broken up at 26.550.

Stock Trading Conclusion:
Intel Corporation (INTC) 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 : 27.24.
Stock Support levels : 26.49, 26.36, 25.88, 25.66, 25.35, 24.92, 24.68, 24.49, 24.38, 24.08, 23.70, 23.10,.