Oculus Innovative Sciences (NASDAQ: OCLS) (NASDAQ:OCLS) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

Today we will analyze the stock Oculus Innovative Sciences (OCLS) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Oculus Innovative Sciences (OCLS)
1- Last bearish trend was from 2.69 $ (3/10/2010) to 2.36 $ (3/12/2010) a 0.33 $ move 2- The current bullish trend started from 2.36 $ at 3/12/2010 and is currently trading at 2.48 $. 3- OCLS current support level is at 2.44 which is the 23.60 % fibonacci retracement of the last 0.33 $ move.
4- OCLS current resistance level is at 2.49 which is the 38.20 % fibonacci retracement of the last 0.33 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
Oculus Innovative Sciences (OCLS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.360 and 1.810 that was broken down at 2.480 transforming into a resistance line.
Oculus Innovative Sciences (OCLS) Mid term stock chart patterns for internet stock trading :

None.
Oculus Innovative Sciences (OCLS) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Oculus Innovative Sciences (OCLS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 2.49, 2.53, 2.54, 2.56, 2.69, 2.78, 2.89.
Stock Support levels : 2.45, 2.44, 2.43, 2.42, 2.41, 2.36,.