Today we will analyze the stock Advantage Energy Income Fund (AAV) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Advantage Energy Income Fund (AAV)
1- Last bullish trend was from 2.83 $ (4/23/2012) to 3.48 $ (5/1/2012) a 0.65 $ move 2- The current bearish trend started from 3.48 $ at 5/1/2012 and is currently trading at 3.24 $.
3- AAV current support level is at 3.23 which is the 38.20 % fibonacci retracement of the last 0.65 $ move.
4- AAV current resistance level is at 3.33 which is the 23.60 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Advantage Energy Income Fund (AAV) Short term stock chart patterns for internet stock trading :

None.
Advantage Energy Income Fund (AAV) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.830 .
Advantage Energy Income Fund (AAV) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.050 and 4.380, and is currently resisting at 3.483.

Stock Trading Conclusion:
Advantage Energy Income Fund (AAV) was trading in a 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 : 3.30, 3.33, 3.33, 3.36, 3.39, 3.48, 3.48.
Stock Support levels : 3.23, 3.15, 3.08, 2.83, 2.65,.