Today we will analyze the stock Orchid Cellmark Inc. (ORCH) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Orchid Cellmark Inc. (ORCH)
1- Last bearish trend was from 2.76 $ (11/11/2011) to 2.67 $ (11/15/2011) a 0.09 $ move 2- The current bullish trend started from 2.67 $ at 11/15/2011 and is currently trading at 2.79 $.
3- ORCH current support level is at 2.78 which is the 127.20 % fibonacci retracement of the last 0.09 $ move.
4- ORCH current resistance level is at 2.82 which is the 161.80 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Orchid Cellmark Inc. (ORCH) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 2.670 and 2.610,resistance between 2.760 and 2.700, the stock channel is currently supported from below by 2.719 and resisted from above by 2.815.
Orchid Cellmark Inc. (ORCH) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.610 and 1.920 that was broken down at 2.730 transforming into a resistance line.
Orchid Cellmark Inc. (ORCH) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.300 $ height triangle which was broken up at 2.760 in higher than usual volume, target of the pattern is 3.060.

Stock Trading Conclusion:
Orchid Cellmark Inc. (ORCH) was trading in a strong bullish wave, which is becoming stronger .
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 : 2.82, 2.85, 3.06.
Stock Support levels : 2.78, 2.76, 2.76, 2.74, 2.73, 2.73, 2.72, 2.72, 2.70, 2.69, 2.67,.