Today we will analyze the stock AMP PRODUCTIONS INC (AMPC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in AMP PRODUCTIONS INC (AMPC.OB)
1- Last bullish trend was from 0.25 $ (3/28/2011) to 0.73 $ (4/14/2011) a 0.48 $ move 2- The current bearish trend started from 0.73 $ at 4/14/2011 and is currently trading at 0.55 $.
3- AMPC.OB current support level is at 0.55 which is the 38.20 % fibonacci retracement of the last 0.48 $ move.
4- AMPC.OB current resistance level is at 0.62 which is the 23.60 % fibonacci retracement of the last 0.48 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
AMP PRODUCTIONS INC (AMPC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.800 $ height triangle which was broken up at 0.550, target of the pattern is 1.350.
AMP PRODUCTIONS INC (AMPC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.800 $ height triangle which was broken up at 0.550, target of the pattern is 1.350.
AMP PRODUCTIONS INC (AMPC.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.800 $ height triangle which was broken up at 0.550, target of the pattern is 1.350.

Stock Trading Conclusion:
AMP PRODUCTIONS INC (AMPC.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.592, 0.617, 0.619, 0.640, 0.661, 0.730, 1.350,.
Stock Support levels : 0.547, 0.490, 0.433, 0.370, 0.250, 0.119,.