Today we will analyze the stock Citigroup Global Markets Holdings Inc (NAS) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Citigroup Global Markets Holdings Inc (NAS)
1- Last bearish trend was from 12.30 $ (8/28/2008) to 10.05 $ (10/8/2008) a 2.25 $ move 2- The current bullish trend started from 10.05 $ at 10/8/2008 and is currently trading at 10.67 $.
3- NAS current support level is at 10.58 which is the 23.60 % fibonacci retracement of the last 2.25 $ move.
4- NAS current resistance level is at 10.91 which is the 38.20 % fibonacci retracement of the last 2.25 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
Citigroup Global Markets Holdings Inc (NAS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.300 and 12.990 that was broken up at 10.670 transforming into a supporting line.
Citigroup Global Markets Holdings Inc (NAS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 12.300 and 12.990 that was broken up at 10.670 transforming into a supporting line.
Citigroup Global Markets Holdings Inc (NAS) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.170 $ height triangle which was broken up at 10.670, target of the pattern is 12.840 which was broken down at 11.060 in higher than usual volume, target of the pattern is 8.890.

Stock Trading Conclusion:
Citigroup Global Markets Holdings Inc (NAS) was trading in a strong bullish wave, which is becoming stronger .
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 : 10.91, 11.18, 11.44, 12.16, 12.30, 12.84, 12.91, 13.69.
Stock Support levels : 10.58, 10.52, 10.43, 10.36, 10.29, 10.05, 8.89, 8.65,.