Today we will analyze the stock Iowa First Bancshares Corp. (IOFB.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Iowa First Bancshares Corp. (IOFB.OB)
1- Last bearish trend was from 21.50 $ (10/4/2010) to 20.26 $ (10/11/2010) a 1.24 $ move 2- The current bullish trend started from 20.26 $ at 10/11/2010 and is currently trading at 22.00 $.
3- IOFB.OB current support level is at 21.84 which is the 127.20 % fibonacci retracement of the last 1.24 $ move.
4- IOFB.OB current resistance level is at 22.27 which is the 161.80 % fibonacci retracement of the last 1.24 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Iowa First Bancshares Corp. (IOFB.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 5.130 $ height triangle which was broken up at 22.500 in higher than usual volume, target of the pattern is 27.630.
Iowa First Bancshares Corp. (IOFB.OB) Mid term stock chart patterns for internet stock trading :

None.
Iowa First Bancshares Corp. (IOFB.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Iowa First Bancshares Corp. (IOFB.OB) was trading in a bullish 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 : 22.27, 27.63.
Stock Support levels : 21.84, 21.59, 21.50, 21.34, 21.13, 21.03, 20.92, 20.88, 20.73, 20.55, 20.55, 20.26,.