Today we will analyze the stock API Nanotronics Corp. (APIA.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in API Nanotronics Corp. (APIA.OB)
1- Last bullish trend was from 1.48 $ (10/13/2009) to 1.67 $ (10/23/2009) a 0.19 $ move 2- The current bearish trend started from 1.67 $ at 10/23/2009 and is currently trading at 1.60 $.
3- APIA.OB current support level is at 1.60 which is the 38.20 % fibonacci retracement of the last 0.19 $ move.
4- APIA.OB current resistance level is at 1.63 which is the 23.60 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
API Nanotronics Corp. (APIA.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.480 .
API Nanotronics Corp. (APIA.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.220 $ height triangle which was broken up at 1.100 in higher than usual volume, target of the pattern is 1.320.
API Nanotronics Corp. (APIA.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.000 and 0.700, and is currently supporting at 1.223.

Stock Trading Conclusion:
API Nanotronics Corp. (APIA.OB) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 1.62, 1.63, 1.63, 1.63, 1.64, 1.67,.
Stock Support levels : 1.60, 1.58, 1.55, 1.48, 1.43, 1.36, 1.22,.