Today we will analyze the stock Location Based Technologies (LBAS.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Location Based Technologies (LBAS.OB)
1- Last bearish trend was from 0.07 $ (3/4/2014) to 0.06 $ (3/6/2014) a 0.01 $ move 2- The current bullish trend started from 0.06 $ at 3/6/2014 and is currently trading at 0.07 $.
3- LBAS.OB current support level is at 0.07 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- LBAS.OB current resistance level is at 0.07 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Location Based Technologies (LBAS.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.060 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.070 in higher than usual volume, target of the pattern is 0.090.
Location Based Technologies (LBAS.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.060 .
9- The Stock formed a 0.020 $ height triangle which was broken up at 0.070 in higher than usual volume, target of the pattern is 0.090.
Location Based Technologies (LBAS.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.060 .
11- The Stock formed a 0.020 $ height triangle which was broken up at 0.070 in higher than usual volume, target of the pattern is 0.090.

Stock Trading Conclusion:
Location Based Technologies (LBAS.OB) was trading in a bearish 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 : 0.073, 0.076, 0.080, 0.090, 0.100.
Stock Support levels : 0.068, 0.066, 0.065, 0.064, 0.062, 0.060, 0.050,.