Today we will analyze the stock Cardima (CADM.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Cardima (CADM.OB)
1- Last bullish trend was from 0.25 $ (11/10/2010) to 0.55 $ (11/19/2010) a 0.30 $ move 2- The current bearish trend started from 0.55 $ at 11/19/2010 and is currently trading at 0.25 $.
3- CADM.OB current support level is at 0.17 which is the 127.20 % fibonacci retracement of the last 0.30 $ move.
4- CADM.OB current resistance level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Cardima (CADM.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.250 .
Cardima (CADM.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.250 .
Cardima (CADM.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.250 and 0.150 that was broken down at 0.250 transforming into a resistance line.

Stock Trading Conclusion:
Cardima (CADM.OB) was trading in a strong 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 : 0.321, 0.362, 0.365, 0.400, 0.435, 0.479, 0.550,.
Stock Support levels : 0.168,.