Today we will analyze the stock MOBIVENTURES INC (MBLV.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MOBIVENTURES INC (MBLV.OB)
1- Last bullish trend was from 0.01 $ (7/29/2008) to 0.02 $ (8/5/2008) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 8/5/2008 and is currently trading at 0.01 $.
3- MBLV.OB current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- MBLV.OB current resistance level is at 0.01 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.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
MOBIVENTURES INC (MBLV.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030 that was broken up at 0.010 transforming into a supporting line.
MOBIVENTURES INC (MBLV.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030 that was broken up at 0.010 transforming into a supporting line.
MOBIVENTURES INC (MBLV.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.020 and 0.030 that was broken up at 0.010 transforming into a supporting line.

Stock Trading Conclusion:
MOBIVENTURES INC (MBLV.OB) was trading in a strong bearish 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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007, 0.004, -0.032,.