Today we will analyze the stock Northeast Utilities (NU) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Northeast Utilities (NU)
1- Last bullish trend was from 35.72 $ (4/12/2012) to 37.09 $ (5/1/2012) a 1.37 $ move 2- The current bearish trend started from 37.09 $ at 5/1/2012 and is currently trading at 36.18 $.
3- NU current support level is at 35.72 which is the 100.00 % fibonacci retracement of the last 1.37 $ move.
4- NU current resistance level is at 36.24 which is the 61.80 % fibonacci retracement of the last 1.37 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
Northeast Utilities (NU) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 4.300 $ height triangle which was broken down at 35.820 in higher than usual volume, target of the pattern is 31.520.
Northeast Utilities (NU) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 33.250 and 32.430, and is currently supporting at 34.956.
Northeast Utilities (NU) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 6.290 $ height triangle which was broken up at 33.760 in higher than usual volume, target of the pattern is 40.050.

Stock Trading Conclusion:
Northeast Utilities (NU) 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 : 36.24, 36.39, 36.40, 36.53, 36.53, 36.57, 36.64, 36.74, 36.77, 37.09, 40.05.
Stock Support levels : 35.72, 35.35, 34.96, 34.87, 31.52,.