Today we will analyze the stock ALEXCO RESOURCE (AXU) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in ALEXCO RESOURCE (AXU)
1- Last bullish trend was from 5.98 $ (4/24/2012) to 6.49 $ (5/1/2012) a 0.51 $ move 2- The current bearish trend started from 6.49 $ at 5/1/2012 and is currently trading at 5.46 $.
3- 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.
ALEXCO RESOURCE (AXU) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 6.490 and 6.560, and is currently resisting at 6.448.
ALEXCO RESOURCE (AXU) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 6.490 and 6.750, and is currently resisting at 6.370.
ALEXCO RESOURCE (AXU) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 7.070 and 6.160,resistance between 8.310 and 7.810 which was broken down at 7.290 in higher than usual volume.

Stock Trading Conclusion:
ALEXCO RESOURCE (AXU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 5.70, 5.85, 5.97, 6.10, 6.37, 6.45, 6.49, 8.83.
Stock Support levels :.