Today we will analyze the stock MERCHANTS BANCORP OR (MBNC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MERCHANTS BANCORP OR (MBNC.OB)
1- Last bearish trend was from 0.80 $ (2/14/2014) to 0.70 $ (2/18/2014) a 0.10 $ move 2- The current bullish trend started from 0.70 $ at 2/18/2014 and is currently trading at 0.93 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
MERCHANTS BANCORP OR (MBNC.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.700 .
MERCHANTS BANCORP OR (MBNC.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.700 .
MERCHANTS BANCORP OR (MBNC.OB) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.740 $ height triangle which was broken up at 0.800, target of the pattern is 1.540.

Stock Trading Conclusion:
MERCHANTS BANCORP OR (MBNC.OB) was trading in a strong bearish wave, which is becoming weaker .
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 : 1.540.
Stock Support levels : 0.876, 0.842, 0.815, 0.788, 0.704, 0.700,.