Today we will analyze the stock Mega Media Group (MMDA.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Mega Media Group (MMDA.OB)
1- Last bullish trend was from 0.04 $ (8/7/2008) to 0.05 $ (8/8/2008) a 0.01 $ move 2- The current bearish trend started from 0.05 $ at 8/8/2008 and is currently trading at 0.03 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Mega Media Group (MMDA.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.040 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.050 .
Mega Media Group (MMDA.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.040 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.050 .
Mega Media Group (MMDA.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.040 that failed and formed a resistance.
9- The Stock formed Double Top Pattern at 0.050 .

Stock Trading Conclusion:
Mega Media Group (MMDA.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 : 0.035, 0.038, 0.040, 0.042, 0.050, 0.050, 0.100, 0.110.
Stock Support levels :.