Today we’ll analyze the stock Imperial Industries (IPII) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Imperial Industries (IPII)
1- Last bearish trend was from 0.37$ (12/19/2008) to 0.30$ (12/30/2008) a 0.07$ move
2- The current bullish trend started from 0.30$ at 12/30/2008 and is currently trading at 0.38$.

3- IPII current support level is at 0.37 which is the 100.00% fibonacci retracement of the last 0.07$ move.
4- IPII current resistance level is at 0.39 which is the 127.20% fibonacci retracement of the last 0.07$ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Imperial Industries (IPII) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.3.
7- The Stock formed a 0.13$ height triangle which was broken up at 0.35, target of the pattern is 0.48.
Imperial Industries (IPII) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.3.
9- The Stock formed a 0.13$ height triangle which was broken up at 0.35, target of the pattern is 0.48.
Imperial Industries (IPII) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.3.
11- The Stock formed a 0.13$ height triangle which was broken up at 0.35, target of the pattern is 0.48.

Stock Trading Conclusion:
Imperial Industries (IPII) 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 : 0.389, 0.413, 0.480, 0.870, 4.360, 13.350, 13.383.
Stock Support levels : 0.370, 0.361, 0.349, 0.343, 0.340, 0.335, 0.331, 0.327, 0.317, 0.300, 0.293,.