Today we will analyze the stock LEGEND INTL HLDGS (LGDI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in LEGEND INTL HLDGS (LGDI.OB)
1- Last bullish trend was from 0.03 $ (1/27/2014) to 0.04 $ (1/29/2014) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 1/29/2014 and is currently trading at 0.03 $.
3- LGDI.OB current support level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- LGDI.OB current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
LEGEND INTL HLDGS (LGDI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.050, the stock channel is currently supported from below by 0.023 and resisted from above by 0.034.
LEGEND INTL HLDGS (LGDI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.050, the stock channel is currently supported from below by 0.023 and resisted from above by 0.034.
LEGEND INTL HLDGS (LGDI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.050, the stock channel is currently supported from below by 0.023 and resisted from above by 0.034.

Stock Trading Conclusion:
LEGEND INTL HLDGS (LGDI.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040,.
Stock Support levels : 0.027,.