Today we will analyze the stock Newport Bancorp (NFSB) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Newport Bancorp (NFSB)
1- Last bullish trend was from 13.25 $ (4/20/2012) to 14.00 $ (4/26/2012) a 0.75 $ move 2- The current bearish trend started from 14.00 $ at 4/26/2012 and is currently trading at 13.75 $.
3- NFSB current support level is at 13.71 which is the 38.20 % fibonacci retracement of the last 0.75 $ move.
4- NFSB current resistance level is at 13.82 which is the 23.60 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Newport Bancorp (NFSB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 14.000 .
Newport Bancorp (NFSB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 13.390 that failed, and formed a support .
8- The Stock was supported by a support line, identified by two points: 12.250 and 12.000 that was broken down at 12.570 transforming into a resistance line.
Newport Bancorp (NFSB) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 12.000 and 11.050, and is currently supporting at 12.457.

Stock Trading Conclusion:
Newport Bancorp (NFSB) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 13.81, 13.82, 13.85, 13.88, 13.90, 13.97, 14.00, 14.00, 15.90.
Stock Support levels : 13.71, 13.63, 13.54, 13.47, 13.25, 13.05, 12.79,.