Today we will analyze the stock KIT digital (KITD.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in KIT digital (KITD.OB)
1- Last bullish trend was from 0.28 $ (4/4/2013) to 0.42 $ (4/12/2013) a 0.14 $ move 2- The current bearish trend started from 0.42 $ at 4/12/2013 and is currently trading at 0.25 $.
3- KITD.OB current support level is at 0.24 which is the 127.20 % fibonacci retracement of the last 0.14 $ move.
4- KITD.OB current resistance level is at 0.28 which is the 100.00 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
KIT digital (KITD.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.280 and 0.270 that was broken down at 0.250 transforming into a resistance line.
KIT digital (KITD.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.280 and 0.270 that was broken down at 0.250 transforming into a resistance line.
KIT digital (KITD.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.280 and 0.270 that was broken down at 0.250 transforming into a resistance line.

Stock Trading Conclusion:
KIT digital (KITD.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.280, 0.286, 0.290, 0.300, 0.315, 0.333, 0.335, 0.350, 0.355, 0.367, 0.387, 0.420,.
Stock Support levels : 0.242,.