Today we will analyze the stock Arkados Group (AKDS.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Arkados Group (AKDS.OB)
1- Last bearish trend was from 0.05 $ (10/20/2010) to 0.03 $ (10/21/2010) a 0.02 $ move 2- The current bullish trend started from 0.03 $ at 10/21/2010 and is currently trading at 0.05 $.
3- AKDS.OB current support level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- AKDS.OB current resistance level is at 0.06 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Arkados Group (AKDS.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.050 .
Arkados Group (AKDS.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.050 .
Arkados Group (AKDS.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.050 .

Stock Trading Conclusion:
Arkados Group (AKDS.OB) was trading in a bearish wave, which is becoming stronger .
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 : 0.055, 0.062.
Stock Support levels : 0.045, 0.042, 0.040, 0.038, 0.035, 0.030,.