Today we will analyze the stock Amiworld (AMWO.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Amiworld (AMWO.OB)
1- Last bearish trend was from 5.80 $ (1/2/2009) to 4.10 $ (1/5/2009) a 1.70 $ move 2- The current bullish trend started from 4.10 $ at 1/5/2009 and is currently trading at 5.85 $.
3- AMWO.OB current support level is at 5.80 which is the 100.00 % fibonacci retracement of the last 1.70 $ move.
4- AMWO.OB current resistance level is at 6.26 which is the 127.20 % fibonacci retracement of the last 1.70 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Amiworld (AMWO.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.100 and 3.000 that was broken down at 5.850 transforming into a resistance line.
Amiworld (AMWO.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 5.800 that failed, and formed a support .
8- The Stock was supported by a support line, identified by two points: 4.100 and 3.000 that was broken down at 5.850 transforming into a resistance line.
Amiworld (AMWO.OB) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 5.800 that failed, and formed a support .
10- The Stock was supported by a support line, identified by two points: 4.100 and 3.000 that was broken down at 5.850 transforming into a resistance line.

Stock Trading Conclusion:
Amiworld (AMWO.OB) was trading in a bullish wave, which is becoming weaker .
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 : 6.26, 6.85, 9.14,.
Stock Support levels : 5.80, 5.44, 5.18, 5.15, 4.97, 4.95, 4.77, 4.75, 4.50, 4.10,.