Today we will analyze the stock ORAMED PHARMA (OJU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ORAMED PHARMA (OJU.BE)
1- Last bearish trend was from 0.22 $ (4/5/2011) to 0.21 $ (4/8/2011) a 0.01 $ move 2- The current bullish trend started from 0.21 $ at 4/8/2011 and is currently trading at 0.22 $.
3- OJU.BE current support level is at 0.22 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- OJU.BE current resistance level is at 0.22 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
ORAMED PHARMA (OJU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.210 and 0.160, and is currently supporting at 0.220.
ORAMED PHARMA (OJU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.160 .
8- The Stock formed Double Top Pattern at 0.190 that failed, and formed a support .
ORAMED PHARMA (OJU.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.160 .
10- The Stock formed Double Top Pattern at 0.190 that failed, and formed a support .

Stock Trading Conclusion:
ORAMED PHARMA (OJU.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 : 0.223, 0.226.
Stock Support levels : 0.218, 0.216, 0.215, 0.214, 0.212, 0.210, 0.190, 0.160,.