Today we’ll analyze the stock Ipass Inc. (IPAS) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Ipass Inc. (IPAS)
1- Last bearish trend was from 1.17$ (12/15/2008) to 1.13$ (12/16/2008) a 0.04$ move
2- The current bullish trend started from 1.13$ at 12/16/2008 and is currently trading at 1.19$.

3- IPAS current support level is at 1.18 which is the 127.20% fibonacci retracement of the last 0.04$ move.
4- IPAS current resistance level is at 1.19 which is the 161.80% fibonacci retracement of the last 0.04$ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Ipass Inc. (IPAS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.13 and 1.09 that was broken down at 1.15 transforming into a resistance line.
Ipass Inc. (IPAS) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 1.07 and 1.47, resistance between 1.74 and 1.93 which was broken up at 1.15 in higher than usual volume.
Ipass Inc. (IPAS) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 1.07 and 1.47, resistance between 1.74 and 1.93 which was broken up at 1.15 in higher than usual volume.

Stock Trading Conclusion:
Ipass Inc. (IPAS) was trading in a bullish wave, which is becoming weaker .
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 : 1.19, 1.28, 2.89, 2.97, 3.98, 4.21, 5.03, 5.44, 5.45.
Stock Support levels : 1.18, 1.18, 1.17, 1.17, 1.16, 1.15, 1.15, 1.15, 1.15, 1.14, 1.13, 0.96,.