Today we will analyze the stock China America Holdings (CAAH.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in China America Holdings (CAAH.OB)
1- Last bullish trend was from 0.01 $ (9/2/2010) to 0.03 $ (9/28/2010) a 0.02 $ move 2- The current bearish trend started from 0.03 $ at 9/28/2010 and is currently trading at 0.02 $.
3- CAAH.OB current support level is at 0.02 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- CAAH.OB current resistance level is at 0.02 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
China America Holdings (CAAH.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
China America Holdings (CAAH.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
China America Holdings (CAAH.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .

Stock Trading Conclusion:
China America Holdings (CAAH.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 : 0.022, 0.024, 0.025, 0.025, 0.026, 0.030,.
Stock Support levels : 0.018, 0.010, 0.005,.