Today we’ll analyze the stock Intersections (INTX) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Intersections (INTX)
1- Last bearish trend was from 5.47$ (12/30/2008) to 5.20$ (12/31/2008) a 0.27$ move
2- The current bullish trend started from 5.20$ at 12/31/2008 and is currently trading at 5.39$.

3- INTX current support level is at 5.37 which is the 61.80% fibonacci retracement of the last 0.27$ move.
4- INTX current resistance level is at 5.47 which is the 100.00% fibonacci retracement of the last 0.27$ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Intersections (INTX) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.42$ height triangle.
Intersections (INTX) Mid term stock chart patterns for internet stock trading :
7- The Stock is trading in a stock channel between 5.1$ and5.52$.
Intersections (INTX) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
Intersections (INTX) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 5.47, 5.53, 5.54, 5.64, 8.24, 9.00.
Stock Support levels : 5.37, 5.35, 5.34, 5.32, 5.30, 5.30, 5.27, 5.26, 5.20,.

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