Today we will analyze the stock Avantair (AAIR.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Avantair (AAIR.OB)
1- Last bullish trend was from 2.23 $ (10/11/2010) to 2.75 $ (11/2/2010) a 0.52 $ move 2- The current bearish trend started from 2.75 $ at 11/2/2010 and is currently trading at 2.40 $.
3- AAIR.OB current support level is at 2.23 which is the 100.00 % fibonacci retracement of the last 0.52 $ move.
4- AAIR.OB current resistance level is at 2.43 which is the 61.80 % fibonacci retracement of the last 0.52 $ move.
5- 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.
Avantair (AAIR.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.230 and 2.160, and is currently supporting at 2.318.
Avantair (AAIR.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.230 and 2.150, and is currently supporting at 2.313.
Avantair (AAIR.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 2.150 .

Stock Trading Conclusion:
Avantair (AAIR.OB) was trading in a strong bearish wave, which is becoming stronger .
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 : 2.43, 2.48, 2.49, 2.53, 2.55, 2.58, 2.62, 2.63, 2.75,.
Stock Support levels : 2.32, 2.31, 2.23, 2.15, 2.09,.