Today we will analyze the stock BioSolar (BSRC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in BioSolar (BSRC.OB)
1- Last bearish trend was from 1.10 $ (5/4/2012) to 0.97 $ (5/7/2012) a 0.13 $ move 2- The current bullish trend started from 0.97 $ at 5/7/2012 and is currently trading at 1.15 $.
3- BSRC.OB current support level is at 1.14 which is the 127.20 % fibonacci retracement of the last 0.13 $ move.
4- BSRC.OB current resistance level is at 1.18 which is the 161.80 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BioSolar (BSRC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.180 that was broken up at 1.150 transforming into a supporting line.
BioSolar (BSRC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.180 that was broken up at 1.150 transforming into a supporting line.
BioSolar (BSRC.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.250 that was broken up at 1.150 transforming into a supporting line.

Stock Trading Conclusion:
BioSolar (BSRC.OB) was trading in a strong bearish wave, which is becoming stronger .
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 : 1.18, 1.18.
Stock Support levels : 1.14, 1.11, 1.10, 1.09, 1.08, 1.08, 1.06, 1.05, 1.04, 1.04, 1.02, 1.00, 0.97,.