Today we will analyze the stock Holly Corporation (HOC) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Holly Corporation (HOC)
1- Last bearish trend was from 66.80 $ (6/22/2011) to 59.81 $ (6/24/2011) a 6.99 $ move 2- The current bullish trend started from 59.81 $ at 6/24/2011 and is currently trading at 69.40 $.
3- HOC current support level is at 68.70 which is the 127.20 % fibonacci retracement of the last 6.99 $ move.
4- HOC current resistance level is at 71.12 which is the 161.80 % fibonacci retracement of the last 6.99 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Holly Corporation (HOC) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 59.810 and 56.970, and is currently supporting at 60.757.
Holly Corporation (HOC) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 59.810 and 55.630,resistance between 66.800 and 62.160 which was broken up at 69.400 in higher than usual volume.
Holly Corporation (HOC) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 59.810 and 55.630,resistance between 66.800 and 62.160 which was broken up at 69.400 in higher than usual volume.

Stock Trading Conclusion:
Holly Corporation (HOC) was trading in a bullish wave, which is becoming stronger .
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 : 71.12.
Stock Support levels : 68.70, 68.54, 67.14, 66.80, 65.74, 64.61, 64.13, 63.47, 63.31, 62.48, 61.46, 60.76, 59.81,.