Today we will analyze the stock METAIRIE BK and TR (LA (MBKL.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in METAIRIE BK and TR (LA (MBKL.OB)
1- Last bullish trend was from 21.05 $ (12/11/2013) to 21.78 $ (12/12/2013) a 0.73 $ move 2- The current bearish trend started from 21.78 $ at 12/12/2013 and is currently trading at 21.50 $.
3- MBKL.OB current support level is at 21.42 which is the 50.00 % fibonacci retracement of the last 0.73 $ move.
4- MBKL.OB current resistance level is at 21.50 which is the 38.20 % fibonacci retracement of the last 0.73 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
METAIRIE BK and TR (LA (MBKL.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 21.780 and 22.220 that was broken up at 21.500 transforming into a supporting line.
METAIRIE BK and TR (LA (MBKL.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 21.440 and 21.110,resistance between 23.500 and 23.210 which was broken down at 21.250 in higher than usual volume.
METAIRIE BK and TR (LA (MBKL.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 23.500 and 30.000 that was broken up at 21.500 transforming into a supporting line.

Stock Trading Conclusion:
METAIRIE BK and TR (LA (MBKL.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 : 21.50, 21.57, 21.61, 21.61, 21.64, 21.67, 21.78, 22.30.
Stock Support levels : 21.42, 21.33, 21.05, 20.85, 20.60, 20.21,.