Today we will analyze the stock Palm Harbor Homes (PHHM) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Palm Harbor Homes (PHHM)
1- Last bullish trend was from 0.12 $ (12/3/2010) to 0.13 $ (12/7/2010) a 0.01 $ move 2- The current bearish trend started from 0.13 $ at 12/7/2010 and is currently trading at 0.11 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Palm Harbor Homes (PHHM) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.120 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 0.130 and 0.150, and is currently resisting at 0.123.
Palm Harbor Homes (PHHM) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.120 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.130 and 0.150, and is currently resisting at 0.123.
Palm Harbor Homes (PHHM) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.120 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 0.150 and 0.270 that was broken up at 0.120 transforming into a supporting line.

Stock Trading Conclusion:
Palm Harbor Homes (PHHM) was trading in a strong bearish 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 : 0.115, 0.118, 0.120, 0.122, 0.123, 0.130.
Stock Support levels : -0.010.