Today we will analyze the stock Mediscience Technology Corp. (MDSC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Mediscience Technology Corp. (MDSC.OB)
1- Last bullish trend was from 0.85 $ (5/12/2009) to 1.20 $ (5/14/2009) a 0.35 $ move 2- The current bearish trend started from 1.20 $ at 5/14/2009 and is currently trading at 1.10 $.
3- MDSC.OB current support level is at 1.07 which is the 38.20 % fibonacci retracement of the last 0.35 $ move.
4- MDSC.OB current resistance level is at 1.12 which is the 23.60 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Mediscience Technology Corp. (MDSC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.850 and 0.810, and is currently supporting at 0.880.
Mediscience Technology Corp. (MDSC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.850 and 0.810, and is currently supporting at 0.880.
Mediscience Technology Corp. (MDSC.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.190 $ height triangle which was broken up at 1.110 in higher than usual volume, target of the pattern is 1.300.

Stock Trading Conclusion:
Mediscience Technology Corp. (MDSC.OB) was trading in a strong bullish 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 : 1.12, 1.12, 1.14, 1.15, 1.16, 1.20, 1.30.
Stock Support levels : 1.07, 1.03, 0.98, 0.91, 0.88, 0.85, 0.75, 0.63, 0.06,.