Today we will analyze the stock Bank of the James Financial Group Inc. (BOJF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Bank of the James Financial Group Inc. (BOJF.OB)
1- Last bullish trend was from 4.40 $ (12/21/2011) to 4.65 $ (12/23/2011) a 0.25 $ move 2- The current bearish trend started from 4.65 $ at 12/23/2011 and is currently trading at 4.50 $.
3- BOJF.OB current support level is at 4.50 which is the 61.80 % fibonacci retracement of the last 0.25 $ move.
4- BOJF.OB current resistance level is at 4.53 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
Bank of the James Financial Group Inc. (BOJF.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 4.650 .
Bank of the James Financial Group Inc. (BOJF.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 4.100 and 4.250,resistance between 4.750 and 4.960 which was broken up at 4.500.
Bank of the James Financial Group Inc. (BOJF.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4.960 and 5.700 that was broken up at 4.750 transforming into a supporting line.

Stock Trading Conclusion:
Bank of the James Financial Group Inc. (BOJF.OB) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 4.53, 4.54, 4.55, 4.56, 4.57, 4.59, 4.59, 4.62, 4.64, 4.65,.
Stock Support levels : 4.50, 4.40, 4.33, 4.25, 3.24,.