Today we will analyze the stock Radio One (ROIAK) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Radio One (ROIAK)
1- Last bullish trend was from 0.99 $ (4/25/2012) to 1.22 $ (5/1/2012) a 0.23 $ move 2- The current bearish trend started from 1.22 $ at 5/1/2012 and is currently trading at 1.09 $.
3- ROIAK current support level is at 1.08 which is the 61.80 % fibonacci retracement of the last 0.23 $ move.
4- ROIAK current resistance level is at 1.11 which is the 50.00 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Radio One (ROIAK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.990 .
Radio One (ROIAK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.990 and 0.960, and is currently supporting at 1.080.
Radio One (ROIAK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.960 and 0.950, and is currently supporting at 0.977.

Stock Trading Conclusion:
Radio One (ROIAK) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 1.11, 1.12, 1.13, 1.14, 1.15, 1.17, 1.17, 1.22,.
Stock Support levels : 1.08, 1.08, 0.99, 0.98, 0.93,.