Today we will analyze the stock CPS Technologies Corp. (CPSH.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CPS Technologies Corp. (CPSH.OB)
1- Last bullish trend was from 1.55 $ (11/4/2010) to 1.80 $ (11/9/2010) a 0.25 $ move 2- The current bearish trend started from 1.80 $ at 11/9/2010 and is currently trading at 1.65 $.
3- CPSH.OB current support level is at 1.65 which is the 61.80 % fibonacci retracement of the last 0.25 $ move.
4- CPSH.OB current resistance level is at 1.67 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CPS Technologies Corp. (CPSH.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.550 .
CPS Technologies Corp. (CPSH.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1.550 .
CPS Technologies Corp. (CPSH.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 1.550 and 1.600,resistance between 1.800 and 1.850, the stock channel is currently supported from below by 1.495 and resisted from above by 1.710.

Stock Trading Conclusion:
CPS Technologies Corp. (CPSH.OB) was trading in a 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 : 1.67, 1.69, 1.70, 1.71, 1.72, 1.74, 1.74, 1.80, 1.85.
Stock Support levels : 1.65, 1.55, 1.48,.