Today we will analyze the stock Bion Environmental Technologies Inc. (BNET.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Bion Environmental Technologies Inc. (BNET.OB)
1- Last bearish trend was from 2.30 $ (5/1/2012) to 2.10 $ (5/7/2012) a 0.20 $ move 2- The current bullish trend started from 2.10 $ at 5/7/2012 and is currently trading at 2.24 $.
3- BNET.OB current support level is at 2.22 which is the 61.80 % fibonacci retracement of the last 0.20 $ move.
4- BNET.OB current resistance level is at 2.30 which is the 100.00 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Bion Environmental Technologies Inc. (BNET.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.100 .
Bion Environmental Technologies Inc. (BNET.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.890 $ height triangle which was broken up at 2.240, target of the pattern is 3.130.
Bion Environmental Technologies Inc. (BNET.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Bion Environmental Technologies Inc. (BNET.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 2.30, 2.35, 2.42, 3.13.
Stock Support levels : 2.22, 2.21, 2.20, 2.19, 2.18, 2.18, 2.17, 2.15, 2.15, 2.10, 2.10,.