Today we will analyze the stock Medina International Holdings (MIHI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Medina International Holdings (MIHI.OB)
1- Last bullish trend was from 0.02 $ (12/30/2013) to 0.05 $ (1/10/2014) a 0.03 $ move 2- The current bearish trend started from 0.05 $ at 1/10/2014 and is currently trading at 0.03 $.
3- MIHI.OB current support level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- MIHI.OB current resistance level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Medina International Holdings (MIHI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.020 $ and 0.050 $.

Medina International Holdings (MIHI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.020 $ and 0.050 $.

Medina International Holdings (MIHI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.020 $ and 0.050 $.


Stock Trading Conclusion:
Medina International Holdings (MIHI.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 : 0.031, 0.035, 0.035, 0.038, 0.039, 0.040, 0.042, 0.043, 0.050, 0.050.
Stock Support levels : 0.020, 0.012,.