Today we will analyze the stock Georgia Power Company (GPU) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Georgia Power Company (GPU)
1- Last bullish trend was from 25.28 $ (6/22/2010) to 26.22 $ (8/5/2010) a 0.94 $ move 2- The current bearish trend started from 26.22 $ at 8/5/2010 and is currently trading at 25.16 $.
3- GPU current support level is at 25.02 which is the 127.20 % fibonacci retracement of the last 0.94 $ move.
4- GPU current resistance level is at 25.28 which is the 100.00 % fibonacci retracement of the last 0.94 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Georgia Power Company (GPU) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.120 $ height triangle which was broken up at 25.160, target of the pattern is 27.280 which was broken down at 25.480 in higher than usual volume, target of the pattern is 23.360.
Georgia Power Company (GPU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 24.040 and 23.160 that was broken down at 25.650 transforming into a resistance line.
Georgia Power Company (GPU) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 22.000 and 18.810,resistance between 25.000 and 22.450 which was broken down at 24.890 in higher than usual volume.

Stock Trading Conclusion:
Georgia Power Company (GPU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 25.28, 25.41, 25.56, 25.64, 25.69, 25.75, 25.82, 25.86, 26.00, 26.22, 26.72, 27.28, 31.53, 86.54.
Stock Support levels : 25.02, 24.70, 24.60,.