Today we will analyze the stock M and F Bancorp Inc. (MFBP.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in M and F Bancorp Inc. (MFBP.OB)
1- Last bullish trend was from 2.60 $ (4/2/2012) to 2.98 $ (4/3/2012) a 0.38 $ move 2- The current bearish trend started from 2.98 $ at 4/3/2012 and is currently trading at 2.51 $.
3- MFBP.OB current support level is at 2.50 which is the 127.20 % fibonacci retracement of the last 0.38 $ move.
4- MFBP.OB current resistance level is at 2.60 which is the 100.00 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
M and F Bancorp Inc. (MFBP.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.980 and 3.000, and is currently resisting at 2.880.
M and F Bancorp Inc. (MFBP.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.980 and 3.000, and is currently resisting at 2.880.
M and F Bancorp Inc. (MFBP.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.500 $ height triangle which was broken down at 2.600 in higher than usual volume, target of the pattern is 2.100.

Stock Trading Conclusion:
M and F Bancorp Inc. (MFBP.OB) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 2.60, 2.62, 2.69, 2.71, 2.74, 2.75, 2.79, 2.80, 2.83, 2.88, 2.89, 2.98,.
Stock Support levels : 2.50, 2.37,.