Today we will analyze the stock Allied Work Force Group Limited (AWF.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Allied Work Force Group Limited (AWF.NZ)
1- Last bearish trend was from 2.05 $ (11/8/2011) to 1.90 $ (11/30/2011) a 0.15 $ move 2- The current bullish trend started from 1.90 $ at 11/30/2011 and is currently trading at 1.93 $.
3- AWF.NZ current support level is at 1.90 which is the 0.00 % fibonacci retracement of the last 0.15 $ move.
4- AWF.NZ current resistance level is at 1.94 which is the 23.60 % fibonacci retracement of the last 0.15 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Allied Work Force Group Limited (AWF.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.050 .
Allied Work Force Group Limited (AWF.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1.850 .
Allied Work Force Group Limited (AWF.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.650 and 1.470 that was broken down at 1.950 transforming into a resistance line.

Stock Trading Conclusion:
Allied Work Force Group Limited (AWF.NZ) was trading in a bearish wave, which is becoming stronger .
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 : 1.94, 1.96, 1.97, 1.99, 2.05, 2.09, 2.14, 2.39.
Stock Support levels : 1.92, 1.92, 1.91, 1.91, 1.90,.