Today we will analyze the stock EnDevCo Inc. (EDVC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in EnDevCo Inc. (EDVC.OB)
1- Last bullish trend was from 0.16 $ (4/8/2010) to 0.18 $ (4/13/2010) a 0.02 $ move 2- The current bearish trend started from 0.18 $ at 4/13/2010 and is currently trading at 0.16 $.
3- EDVC.OB current support level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- EDVC.OB current resistance level is at 0.16 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
EnDevCo Inc. (EDVC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.160 .
7- The Stock formed a 0.060 $ height triangle which was broken up at 0.160, target of the pattern is 0.220.
EnDevCo Inc. (EDVC.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.160 .
9- The Stock formed a 0.060 $ height triangle which was broken up at 0.160, target of the pattern is 0.220.
EnDevCo Inc. (EDVC.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.160 .
11- The Stock formed a 0.060 $ height triangle which was broken up at 0.160, target of the pattern is 0.220.

Stock Trading Conclusion:
EnDevCo Inc. (EDVC.OB) was trading in a strong bullish 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 : 0.165, 0.168, 0.170, 0.172, 0.175, 0.180, 0.200, 0.220,.
Stock Support levels : 0.155, 0.148, 0.147,.