Today we will analyze the stock LITEWAVE CORPORATION (LTWV.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in LITEWAVE CORPORATION (LTWV.OB)
1- Last bullish trend was from 0.05 $ (6/6/2008) to 0.06 $ (6/20/2008) a 0.01 $ move 2- The current bearish trend started from 0.06 $ at 6/20/2008 and is currently trading at 0.03 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
LITEWAVE CORPORATION (LTWV.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.040 $ height triangle which was broken down at 0.060, target of the pattern is 0.020.
LITEWAVE CORPORATION (LTWV.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.040 $ height triangle which was broken down at 0.060, target of the pattern is 0.020.
LITEWAVE CORPORATION (LTWV.OB) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.040 $ height triangle which was broken down at 0.060, target of the pattern is 0.020.

Stock Trading Conclusion:
LITEWAVE CORPORATION (LTWV.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.037, 0.041, 0.045, 0.049, 0.060, 0.110,.
Stock Support levels : 0.020,.