Today we will analyze the stock Jackson Hewitt Tax Services (JTX) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Jackson Hewitt Tax Services (JTX)
1- Last bullish trend was from 0.54 $ (4/26/2011) to 0.56 $ (4/28/2011) a 0.02 $ move 2- The current bearish trend started from 0.56 $ at 4/28/2011 and is currently trading at 0.19 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
Jackson Hewitt Tax Services (JTX) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.110 $ height triangle which was broken down at 0.520 in higher than usual volume, target of the pattern is 0.410.
Jackson Hewitt Tax Services (JTX) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.650, and is currently resisting at 0.558.
Jackson Hewitt Tax Services (JTX) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.900, and is currently resisting at 0.457.

Stock Trading Conclusion:
Jackson Hewitt Tax Services (JTX) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.277, 0.331, 0.375, 0.419, 0.457, 0.558, 0.560, 0.607.
Stock Support levels :.