Today we will analyze the stock JPMorgan Japanese Investment Tr (JFJ.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in JPMorgan Japanese Investment Tr (JFJ.NZ)
1- Last bearish trend was from 3.25 $ (3/9/2012) to 3.15 $ (4/5/2012) a 0.10 $ move 2- The current bullish trend started from 3.15 $ at 4/5/2012 and is currently trading at 3.23 $.
3- JFJ.NZ current support level is at 3.21 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
4- JFJ.NZ current resistance level is at 3.25 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
JPMorgan Japanese Investment Tr (JFJ.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 3.150 and 3.000,resistance between 3.250 and 3.150, the stock channel is currently supported from below by 3.171 and resisted from above by 3.329.
JPMorgan Japanese Investment Tr (JFJ.NZ) Mid term stock chart patterns for internet stock trading :

None.
JPMorgan Japanese Investment Tr (JFJ.NZ) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.720 $ height triangle which was broken up at 3.100, target of the pattern is 3.820.

Stock Trading Conclusion:
JPMorgan Japanese Investment Tr (JFJ.NZ) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 3.25, 3.28, 3.31, 3.82.
Stock Support levels : 3.21, 3.21, 3.20, 3.20, 3.19, 3.19, 3.18, 3.17, 3.15,.