Today we will analyze the stock Microfluidics International Corporation. (MFLU.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Microfluidics International Corporation. (MFLU.OB)
1- Last bullish trend was from 0.84 $ (11/8/2010) to 0.90 $ (11/10/2010) a 0.06 $ move 2- The current bearish trend started from 0.90 $ at 11/10/2010 and is currently trading at 0.85 $.
3- MFLU.OB current support level is at 0.84 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
4- MFLU.OB current resistance level is at 0.86 which is the 61.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
Microfluidics International Corporation. (MFLU.OB) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.170 $ height triangle which was broken down at 0.850 in higher than usual volume, target of the pattern is 0.680.
Microfluidics International Corporation. (MFLU.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.840 and 0.750 that was broken down at 0.850 transforming into a resistance line.
Microfluidics International Corporation. (MFLU.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.810 and 0.900 that was broken up at 0.820 transforming into a supporting line.

Stock Trading Conclusion:
Microfluidics International Corporation. (MFLU.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.859, 0.862, 0.863, 0.869, 0.870, 0.875, 0.877, 0.881, 0.886, 0.900,.
Stock Support levels : 0.840, 0.824, 0.803, 0.680,.