Main Street Restaurant Group (NASDAQ: MAIN) (NASDAQ:MAIN) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

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 bearish trend was from 15.95 $ (12/23/2009) to 13.83 $ (2/9/2010) a 2.12 $ move 2- The current bullish trend started from 13.83 $ at 2/9/2010 and is currently trading at 15.10 $. 3- MAIN current support level is at 14.89 which is the 50.00 % fibonacci retracement of the last 2.12 $ move.
4- MAIN current resistance level is at 15.14 which is the 61.80 % fibonacci retracement of the last 2.12 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Main Street Restaurant Group (MAIN) Short term stock chart patterns for internet stock trading :

None.
Main Street Restaurant Group (MAIN) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 13.830 and 13.170, and is currently supporting at 14.034.
Main Street Restaurant Group (MAIN) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 13.830 and 11.830, and is currently supporting at 14.094.

Stock Trading Conclusion:
Main Street Restaurant Group (MAIN) was trading in a bullish wave, which is becoming stronger .
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. .

Stock Resistance Levels : 15.14, 15.95, 16.53, 17.26.
Stock Support levels : 14.89, 14.80, 14.64, 14.61, 14.47, 14.33, 14.32, 14.09, 14.03, 13.83,.