Today we will analyze the stock Medis Technologies Ltd. (MDTL) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Medis Technologies Ltd. (MDTL)
1- Last bullish trend was from 0.07 $ (3/4/2010) to 0.08 $ (3/10/2010) a 0.01 $ move 2- The current bearish trend started from 0.08 $ at 3/10/2010 and is currently trading at 0.07 $.
3- MDTL current support level is at 0.07 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- MDTL current resistance level is at 0.07 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Medis Technologies Ltd. (MDTL) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.070 and 0.080,resistance between 0.080 and 0.090, the stock channel is currently supported from below by 0.066 and resisted from above by 0.079.
Medis Technologies Ltd. (MDTL) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.070 and 0.080,resistance between 0.080 and 0.090, the stock channel is currently supported from below by 0.066 and resisted from above by 0.079.
Medis Technologies Ltd. (MDTL) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.070 and 0.080,resistance between 0.080 and 0.090, the stock channel is currently supported from below by 0.066 and resisted from above by 0.079.

Stock Trading Conclusion:
Medis Technologies Ltd. (MDTL) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.072, 0.074, 0.075, 0.076, 0.078, 0.080, 0.090,.
Stock Support levels : 0.067,.


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