Today we will analyze the stock JULEX (JULX.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in JULEX (JULX.TA)
1- Last bearish trend was from 4.90 $ (8/31/2010) to 4.70 $ (9/7/2010) a 0.20 $ move 2- The current bullish trend started from 4.70 $ at 9/7/2010 and is currently trading at 5.00 $.
3- JULX.TA current support level is at 4.95 which is the 127.20 % fibonacci retracement of the last 0.20 $ move.
4- JULX.TA current resistance level is at 5.02 which is the 161.80 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently 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.
JULEX (JULX.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.700 $ height triangle which was broken up at 4.800, target of the pattern is 5.500.
JULEX (JULX.TA) Mid term stock chart patterns for internet stock trading :

None.
JULEX (JULX.TA) Long term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 4.500 $ and 5.200 $.


Stock Trading Conclusion:
JULEX (JULX.TA) was trading in a 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 : 5.02, 5.20, 5.50.
Stock Support levels : 4.95, 4.93, 4.90, 4.89, 4.85, 4.82, 4.81, 4.80, 4.78, 4.75, 4.70, 4.60,.