Today we will analyze the stock Medistem (MEDS.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Medistem (MEDS.OB)
1- Last bullish trend was from 1.27 $ (3/3/2014) to 1.33 $ (3/5/2014) a 0.06 $ move 2- The current bearish trend started from 1.33 $ at 3/5/2014 and is currently trading at 1.28 $.
3- MEDS.OB current support level is at 1.27 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
4- MEDS.OB current resistance level is at 1.29 which is the 61.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Medistem (MEDS.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.270 .
Medistem (MEDS.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.250 and 1.260 that was broken up at 1.250 transforming into a supporting line.
Medistem (MEDS.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.260 and 1.290 that was broken up at 1.250 transforming into a supporting line.

Stock Trading Conclusion:
Medistem (MEDS.OB) was trading in a 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 : 1.29, 1.29, 1.30, 1.30, 1.31, 1.31, 1.31, 1.32, 1.33,.
Stock Support levels : 1.27, 1.25, 1.23, 1.23,.