Today we will analyze the stock CALIFORNIA BUS BANK (CABB.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CALIFORNIA BUS BANK (CABB.OB)
1- Last bullish trend was from 0.85 $ (1/10/2012) to 1.10 $ (1/20/2012) a 0.25 $ move 2- The current bearish trend started from 1.10 $ at 1/20/2012 and is currently trading at 1.00 $.
3- CABB.OB current support level is at 0.98 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
4- CABB.OB current resistance level is at 1.00 which is the 38.20 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
CALIFORNIA BUS BANK (CABB.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.450 that was broken up at 1.010 transforming into a supporting line.
CALIFORNIA BUS BANK (CABB.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.450 that was broken up at 1.010 transforming into a supporting line.
CALIFORNIA BUS BANK (CABB.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 1.100 and 1.450 that was broken up at 1.010 transforming into a supporting line.

Stock Trading Conclusion:
CALIFORNIA BUS BANK (CABB.OB) was trading in a bearish wave, which is becoming weaker .
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 : 1.00, 1.02, 1.04, 1.04, 1.05, 1.06, 1.10,.
Stock Support levels : 0.98, 0.95, 0.85, 0.78, 0.70, 0.66,.