Today we will analyze the stock Mendocino Brewing Co. Inc. (MENB.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Mendocino Brewing Co. Inc. (MENB.OB)
1- Last bearish trend was from 0.30 $ (2/7/2014) to 0.25 $ (3/6/2014) a 0.05 $ move 2- The current bullish trend started from 0.25 $ at 3/6/2014 and is currently trading at 0.31 $.
3- MENB.OB current support level is at 0.30 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- MENB.OB current resistance level is at 0.31 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
Mendocino Brewing Co. Inc. (MENB.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.310 that was broken up at 0.310 transforming into a supporting line.
Mendocino Brewing Co. Inc. (MENB.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.310 that was broken up at 0.310 transforming into a supporting line.
Mendocino Brewing Co. Inc. (MENB.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.310 .

Stock Trading Conclusion:
Mendocino Brewing Co. Inc. (MENB.OB) was trading in a strong bullish 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 : 0.314, 0.331.
Stock Support levels : 0.300, 0.296, 0.287, 0.285, 0.281, 0.280, 0.275, 0.273, 0.269, 0.262, 0.250,.