Today we will analyze the stock MEXORO MINERALS (OYA1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in MEXORO MINERALS (OYA1.BE)
1- Last bullish trend was from 0.17 $ (4/7/2011) to 0.18 $ (4/8/2011) a 0.01 $ move 2- The current bearish trend started from 0.18 $ at 4/8/2011 and is currently trading at 0.17 $.
3- OYA1.BE current support level is at 0.17 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- OYA1.BE current resistance level is at 0.17 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
MEXORO MINERALS (OYA1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.170 $ and 0.180 $.

MEXORO MINERALS (OYA1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.210 that was broken up at 0.180 transforming into a supporting line.
MEXORO MINERALS (OYA1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.210 that was broken up at 0.180 transforming into a supporting line.

Stock Trading Conclusion:
MEXORO MINERALS (OYA1.BE) was trading in a bearish wave, which is becoming weaker .
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 : 0.172, 0.174, 0.175, 0.175, 0.176, 0.178, 0.180,.
Stock Support levels : 0.167, 0.164, 0.150,.