Today we will analyze the stock Micron Enviro Systems Inc. (MENV.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Micron Enviro Systems Inc. (MENV.OB)
1- Last bullish trend was from 0.02 $ (6/5/2008) to 0.04 $ (6/13/2008) a 0.02 $ move 2- The current bearish trend started from 0.04 $ at 6/13/2008 and is currently trading at 0.02 $.
3- MENV.OB current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- MENV.OB current resistance level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
Micron Enviro Systems Inc. (MENV.OB) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.020 and 0.010,resistance between 0.040 and 0.030 which was broken down at 0.020 in higher than usual volume.
Micron Enviro Systems Inc. (MENV.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 0.020 and 0.010,resistance between 0.040 and 0.030 which was broken down at 0.020 in higher than usual volume.
Micron Enviro Systems Inc. (MENV.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 0.020 and 0.010,resistance between 0.040 and 0.030 which was broken down at 0.020 in higher than usual volume.

Stock Trading Conclusion:
Micron Enviro Systems Inc. (MENV.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 0.025, 0.028, 0.030, 0.032, 0.035, 0.040, 0.047,.
Stock Support levels : 0.015,.