Today we will analyze the stock MacroChem Corp. (MACM.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MacroChem Corp. (MACM.OB)
1- Last bearish trend was from 0.05 $ (2/23/2009) to 0.03 $ (2/24/2009) a 0.02 $ move 2- The current bullish trend started from 0.03 $ at 2/24/2009 and is currently trading at 0.08 $.
3- According to ADX Indicator, the trend is currently strong bullish, 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.
MacroChem Corp. (MACM.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.030 .
MacroChem Corp. (MACM.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.030 .
MacroChem Corp. (MACM.OB) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.030 .

Stock Trading Conclusion:
MacroChem Corp. (MACM.OB) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 0.068, 0.061, 0.055, 0.049, 0.030, 0.030,.