Today we will analyze the stock AMP Limited Ordinary Shares (AMP.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in AMP Limited Ordinary Shares (AMP.NZ)
1- Last bearish trend was from 5.60 $ (3/29/2012) to 5.25 $ (4/12/2012) a 0.35 $ move 2- The current bullish trend started from 5.25 $ at 4/12/2012 and is currently trading at 5.39 $.
3- AMP.NZ current support level is at 5.38 which is the 38.20 % fibonacci retracement of the last 0.35 $ move.
4- AMP.NZ current resistance level is at 5.43 which is the 50.00 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
AMP Limited Ordinary Shares (AMP.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.540 $ height triangle.
AMP Limited Ordinary Shares (AMP.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.600 and 5.800, and is currently resisting at 5.534.
AMP Limited Ordinary Shares (AMP.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 5.110 and 4.680,resistance between 5.800 and 5.550, the stock channel is currently supported from below by 5.266 and resisted from above by 6.146.

Stock Trading Conclusion:
AMP Limited Ordinary Shares (AMP.NZ) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.43, 5.47, 5.53, 5.60, 5.70, 5.82.
Stock Support levels : 5.38, 5.36, 5.34, 5.33, 5.32, 5.30, 5.25,.