Today we will analyze the stock MOTAPA DIAMOND INC (MYF.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in MOTAPA DIAMOND INC (MYF.BE)
1- Last bearish trend was from 0.22 $ (6/22/2009) to 0.20 $ (6/23/2009) a 0.02 $ move 2- The current bullish trend started from 0.20 $ at 6/23/2009 and is currently trading at 0.24 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
MOTAPA DIAMOND INC (MYF.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.200 .
MOTAPA DIAMOND INC (MYF.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.200 .
6- The Stock formed a 0.030 $ height triangle which was broken up at 0.220, target of the pattern is 0.250.
MOTAPA DIAMOND INC (MYF.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.200 .
8- The Stock formed a 0.030 $ height triangle which was broken up at 0.220, target of the pattern is 0.250.

Stock Trading Conclusion:
MOTAPA DIAMOND INC (MYF.BE) 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 : 0.250,.
Stock Support levels : 0.231, 0.225, 0.220, 0.215, 0.214, 0.200,.