Today we will analyze the stock Iomega Corporation (IOM) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Iomega Corporation (IOM)
1- Last bearish trend was from 3.70 $ (3/25/2008) to 3.52 $ (3/28/2008) a 0.18 $ move 2- The current bullish trend started from 3.52 $ at 3/28/2008 and is currently trading at 3.84 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Iomega Corporation (IOM) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 3.520 .
Iomega Corporation (IOM) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 1.420 $ height triangle which was broken up at 3.200 in higher than usual volume, target of the pattern is 4.620.
Iomega Corporation (IOM) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 1.650 $ height triangle which was broken up at 3.200 in higher than usual volume, target of the pattern is 4.850.

Stock Trading Conclusion:
Iomega Corporation (IOM) 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 : 4.62, 4.85.
Stock Support levels : 3.76, 3.72, 3.68, 3.64, 3.64, 3.62, 3.59, 3.52, 2.41,.