Today we will analyze the stock Marine Exploration (MEXP.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Marine Exploration (MEXP.OB)
1- Last bullish trend was from 0.01 $ (3/8/2010) to 0.02 $ (3/10/2010) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 3/10/2010 and is currently trading at 0.01 $.
3- MEXP.OB current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- MEXP.OB current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
Marine Exploration (MEXP.OB) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
8- The Stock formed a 0.020 $ height triangle which was broken up at 0.010, target of the pattern is 0.030.
Marine Exploration (MEXP.OB) Mid term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.010 .
10- The Stock formed a 0.020 $ height triangle which was broken up at 0.010, target of the pattern is 0.030.
Marine Exploration (MEXP.OB) Long term stock chart patterns for internet stock trading :

11- The Stock formed Double Bottom Pattern at 0.010 .
12- The Stock formed a 0.020 $ height triangle which was broken up at 0.010, target of the pattern is 0.030.

Stock Trading Conclusion:
Marine Exploration (MEXP.OB) was trading in a bearish 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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020, 0.030,.
Stock Support levels : 0.007, 0.004, -0.005,.