Today we will analyze the stock Macrosolve (MCVE.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Macrosolve (MCVE.OB)
1- Last bearish trend was from 0.04 $ (3/4/2014) to 0.03 $ (3/6/2014) a 0.01 $ move 2- The current bullish trend started from 0.03 $ at 3/6/2014 and is currently trading at 0.04 $.
3- MCVE.OB current support level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- MCVE.OB current resistance level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently 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.
Macrosolve (MCVE.OB) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.

Macrosolve (MCVE.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.

Macrosolve (MCVE.OB) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.


Stock Trading Conclusion:
Macrosolve (MCVE.OB) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.043, 0.046.
Stock Support levels : 0.038, 0.036, 0.036, 0.035, 0.034, 0.032, 0.030,.