Today we will analyze the stock Main Street Restaurant Group (MAIN) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Main Street Restaurant Group (MAIN)
1- Last bullish trend was from 15.57 $ (7/21/2010) to 16.76 $ (8/9/2010) a 1.19 $ move 2- The current bearish trend started from 16.76 $ at 8/9/2010 and is currently trading at 15.20 $.
3- MAIN current support level is at 14.83 which is the 161.80 % fibonacci retracement of the last 1.19 $ move.
4- MAIN current resistance level is at 15.25 which is the 127.20 % fibonacci retracement of the last 1.19 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Main Street Restaurant Group (MAIN) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.570 and 14.690 that was broken down at 16.140 transforming into a resistance line.
Main Street Restaurant Group (MAIN) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.690 and 13.380 that was broken down at 16.140 transforming into a resistance line.
Main Street Restaurant Group (MAIN) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 14.690 and 13.380 that was broken down at 16.140 transforming into a resistance line.

Stock Trading Conclusion:
Main Street Restaurant Group (MAIN) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 15.25, 15.57, 15.57, 15.80, 15.98, 16.02, 16.16, 16.17, 16.31, 16.48, 16.76, 17.00, 17.46.
Stock Support levels : 14.83.