Today we will analyze the stock BI-OPTIC VENTURES (BOVKF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in BI-OPTIC VENTURES (BOVKF.OB)
1- Last bullish trend was from 0.07 $ (11/22/2010) to 0.20 $ (12/7/2010) a 0.13 $ move 2- The current bearish trend started from 0.20 $ at 12/7/2010 and is currently trading at 0.01 $.
3- BOVKF.OB current resistance level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.13 $ move.
4- According to ADX Indicator, the trend is currently strong bearish, 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.
BI-OPTIC VENTURES (BOVKF.OB) Short term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.070 and 0.040 that was broken down at 0.070 transforming into a resistance line.
BI-OPTIC VENTURES (BOVKF.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.070 and 0.040 that was broken down at 0.070 transforming into a resistance line.
BI-OPTIC VENTURES (BOVKF.OB) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.070 and 0.040 that was broken down at 0.070 transforming into a resistance line.

Stock Trading Conclusion:
BI-OPTIC VENTURES (BOVKF.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.035, 0.055, 0.070, 0.083, 0.105, 0.120, 0.125, 0.127, 0.135, 0.150, 0.169, 0.200,.
Stock Support levels : -0.010.