AML Communications Inc. (OTC BB: AMLJ.OB) (OTC:AMLJ) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock AML Communications Inc. (AMLJ.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in AML Communications Inc. (AMLJ.OB)
1- Last bearish trend was from 1.35 $ (2/17/2010) to 1.25 $ (3/9/2010) a 0.10 $ move 2- The current bullish trend started from 1.25 $ at 3/9/2010 and is currently trading at 1.29 $. 3- AMLJ.OB current support level is at 1.29 which is the 38.20 % fibonacci retracement of the last 0.10 $ move.
4- AMLJ.OB current resistance level is at 1.30 which is the 50.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
AML Communications Inc. (AMLJ.OB) Short term stock chart patterns for internet stock trading :

None.
AML Communications Inc. (AMLJ.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.350 and 1.450 that was broken up at 1.270 transforming into a supporting line.
AML Communications Inc. (AMLJ.OB) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.300 and 0.850 that was broken down at 1.520 transforming into a resistance line.

Stock Trading Conclusion:
AML Communications Inc. (AMLJ.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.30, 1.31, 1.35, 1.38, 1.41, 1.85.
Stock Support levels : 1.29, 1.28, 1.27, 1.27, 1.27, 1.27, 1.25,.