Today we will analyze the stock EnergyConnect Group (MICG.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in EnergyConnect Group (MICG.OB)
1- Last bearish trend was from 0.55 $ (8/14/2008) to 0.36 $ (9/16/2008) a 0.19 $ move 2- The current bullish trend started from 0.36 $ at 9/16/2008 and is currently trading at 0.40 $.
3- MICG.OB current support level is at 0.36 which is the 0.00 % fibonacci retracement of the last 0.19 $ move.
4- MICG.OB current resistance level is at 0.40 which is the 23.60 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
EnergyConnect Group (MICG.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.550 and 0.590 that was broken up at 0.400 transforming into a supporting line.
EnergyConnect Group (MICG.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.550 and 0.590 that was broken up at 0.400 transforming into a supporting line.
EnergyConnect Group (MICG.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.550 and 0.590 that was broken up at 0.400 transforming into a supporting line.

Stock Trading Conclusion:
EnergyConnect Group (MICG.OB) was trading in a strong 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 : 0.405, 0.433, 0.455, 0.477, 0.550, 0.602, 0.667.
Stock Support levels : 0.391, 0.385, 0.380, 0.377, 0.375, 0.360,.