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 0.01 $ (9/6/2011) to 0.02 $ (9/9/2011) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 9/9/2011 and is currently trading at 0.01 $.
3- MDTL current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- MDTL current resistance level is at 0.01 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 becoming weaker.
Medis Technologies Ltd. (MDTL) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

Medis Technologies Ltd. (MDTL) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

Medis Technologies Ltd. (MDTL) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.


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

Stock Resistance Levels : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007,.