Today we will analyze the stock American States Water Company (AWR) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in American States Water Company (AWR)
1- Last bearish trend was from 35.59 $ (12/27/2011) to 34.29 $ (1/10/2012) a 1.30 $ move 2- The current bullish trend started from 34.29 $ at 1/10/2012 and is currently trading at 36.87 $.
3- 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.
American States Water Company (AWR) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 34.290 .
5- The Stock formed a 1.620 $ height triangle which was broken up at 35.680 in higher than usual volume, target of the pattern is 37.300.
American States Water Company (AWR) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 33.570 and 32.180, and is currently supporting at 35.216.
American States Water Company (AWR) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 30.750 and 32.560,resistance between 36.020 and 38.130 which was broken up at 33.610.

Stock Trading Conclusion:
American States Water Company (AWR) 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 : 37.30.
Stock Support levels : 36.26, 35.88, 35.58, 35.30, 35.28, 35.22, 34.44, 34.34, 34.29,.