Today we will analyze the stock CHINA BOTTLES INC (CBTT.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CHINA BOTTLES INC (CBTT.OB)
1- Last bullish trend was from 0.04 $ (5/27/2010) to 0.05 $ (12/29/2010) a 0.01 $ move 2- The current bearish trend started from 0.05 $ at 12/29/2010 and is currently trading at 0.04 $.
3- CBTT.OB current support level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- CBTT.OB current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CHINA BOTTLES INC (CBTT.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.050 and 0.110 that was broken up at 0.040 transforming into a supporting line.
CHINA BOTTLES INC (CBTT.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.050 and 0.110 that was broken up at 0.040 transforming into a supporting line.
CHINA BOTTLES INC (CBTT.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.050 and 0.110 that was broken up at 0.040 transforming into a supporting line.

Stock Trading Conclusion:
CHINA BOTTLES INC (CBTT.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.042, 0.044, 0.045, 0.046, 0.048, 0.050,.
Stock Support levels : 0.037, 0.034, -0.003,.