Today we will analyze the stock MidCarolina Financial Corporation (MCFI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MidCarolina Financial Corporation (MCFI.OB)
1- Last bearish trend was from 5.90 $ (6/8/2011) to 5.50 $ (6/23/2011) a 0.40 $ move 2- The current bullish trend started from 5.50 $ at 6/23/2011 and is currently trading at 5.80 $.
3- MCFI.OB current support level is at 5.75 which is the 61.80 % fibonacci retracement of the last 0.40 $ move.
4- MCFI.OB current resistance level is at 5.90 which is the 100.00 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
MidCarolina Financial Corporation (MCFI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 5.900 and 7.350 that was broken up at 5.760 transforming into a supporting line.
MidCarolina Financial Corporation (MCFI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.330 and 6.050 that was broken down at 7.370 transforming into a resistance line.
MidCarolina Financial Corporation (MCFI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.050 and 2.850 that was broken down at 6.330 transforming into a resistance line.

Stock Trading Conclusion:
MidCarolina Financial Corporation (MCFI.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 5.90, 6.01, 6.15, 7.29, 8.85, 14.94.
Stock Support levels : 5.75, 5.73, 5.70, 5.69, 5.65, 5.65, 5.61, 5.59, 5.50,.