Today we’ll analyze the stock Fiduciary/claymore Mlp Opportunity Fund (FMO) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Fiduciary/claymore Mlp Opportunity Fund (FMO)
1- Last bearish trend was from 13.00$ (12/19/2008) to 11.00$ (12/23/2008) a 2.00$ move
2- The current bullish trend started from 11.00$ at 12/23/2008 and is currently trading at 14.30$.

3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Fiduciary/claymore Mlp Opportunity Fund (FMO) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 13 and 13.22 that was broken up at 13.4 transforming into a supporting line.
Fiduciary/claymore Mlp Opportunity Fund (FMO) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 11 and 10.69, and is currently supporting at 11.1669.
Fiduciary/claymore Mlp Opportunity Fund (FMO) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 7.4$ height triangle which was broken up at 12.58 in higher than usual volume, target of the pattern is 19.98.

Stock Trading Conclusion:
Fiduciary/claymore Mlp Opportunity Fund (FMO) was trading in a bullish 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 : 16.56, 16.57, 16.58, 16.59, 19.98, 20.89, 20.92, 20.99, 21.00, 22.68, 22.81.
Stock Support levels : 13.52, 13.04, 12.65, 12.52, 12.50, 12.26, 11.85, 11.17,.