Today we will analyze the stock Origin Agritech (SEED) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Origin Agritech (SEED)
1- Last bullish trend was from 8.55 $ (2/25/2010) to 11.27 $ (3/8/2010) a 2.72 $ move 2- The current bearish trend started from 11.27 $ at 3/8/2010 and is currently trading at 11.17 $.
3- SEED current support level is at 10.63 which is the 23.60 % fibonacci retracement of the last 2.72 $ move.
4- SEED current resistance level is at 11.27 which is the 0.00 % fibonacci retracement of the last 2.72 $ 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.
Origin Agritech (SEED) Short term stock chart patterns for internet stock trading :

None.
Origin Agritech (SEED) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.570 and 11.080 that was broken up at 8.820 transforming into a supporting line.
Origin Agritech (SEED) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 9.570 and 14.500 that was broken up at 9.360 transforming into a supporting line.

Stock Trading Conclusion:
Origin Agritech (SEED) was trading in a bullish wave, which is becoming stronger .
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 : 11.19, 11.21, 11.22, 11.23, 11.27,.
Stock Support levels : 10.63, 10.23, 9.91, 9.59, 8.55, 7.81, 7.30, 6.87,.


Origin Agritech
Origin Agritech Limited (NASDAQ:SEED), a leading agricultural biotechnology company and a top player in seed industry in China, specializes in research and

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