Today we will analyze the stock BioSpecifics Technologies Corp. (BSTC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in BioSpecifics Technologies Corp. (BSTC.OB)
1- Last bullish trend was from 13.87 $ (4/19/2012) to 14.93 $ (4/27/2012) a 1.06 $ move 2- The current bearish trend started from 14.93 $ at 4/27/2012 and is currently trading at 14.00 $.
3- BSTC.OB current support level is at 13.87 which is the 100.00 % fibonacci retracement of the last 1.06 $ move.
4- BSTC.OB current resistance level is at 14.27 which is the 61.80 % fibonacci retracement of the last 1.06 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BioSpecifics Technologies Corp. (BSTC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 14.930 and 16.590, and is currently resisting at 14.192.
BioSpecifics Technologies Corp. (BSTC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 13.870 and 17.000,resistance between 14.930 and 18.470, the stock channel is currently supported from below by 12.542 and resisted from above by 14.121.
BioSpecifics Technologies Corp. (BSTC.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
BioSpecifics Technologies Corp. (BSTC.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 14.19, 14.22, 14.27, 14.36, 14.40, 14.47, 14.53, 14.57, 14.68, 14.93,.
Stock Support levels : 13.87, 13.58,.