Today we will analyze the stock Hyperion Strategic Mortgage Income Fund (the) (HSM) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Hyperion Strategic Mortgage Income Fund (the) (HSM)
1- Last bearish trend was from 6.00 $ (10/27/2011) to 5.39 $ (11/22/2011) a 0.61 $ move 2- The current bullish trend started from 5.39 $ at 11/22/2011 and is currently trading at 6.20 $.
3- HSM current support level is at 6.17 which is the 127.20 % fibonacci retracement of the last 0.61 $ move.
4- HSM current resistance level is at 6.38 which is the 161.80 % fibonacci retracement of the last 0.61 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Hyperion Strategic Mortgage Income Fund (the) (HSM) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 6.000 and 6.070 that was broken up at 5.840 transforming into a supporting line.
Hyperion Strategic Mortgage Income Fund (the) (HSM) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.270 $ height triangle which was broken up at 5.700, target of the pattern is 6.970.
Hyperion Strategic Mortgage Income Fund (the) (HSM) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.270 $ height triangle which was broken up at 5.700, target of the pattern is 6.970.

Stock Trading Conclusion:
Hyperion Strategic Mortgage Income Fund (the) (HSM) was trading in a strong bullish wave, which is becoming stronger .
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 : 6.38, 6.97,.
Stock Support levels : 6.17, 6.01, 6.00, 5.89, 5.80, 5.77, 5.77, 5.70, 5.69, 5.62, 5.53, 5.48, 5.39,.