MNB HOLDINGS CORP CA (OTC BB: MNBO.OB) (OTC:MNBO) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock MNB HOLDINGS CORP CA (MNBO.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MNB HOLDINGS CORP CA (MNBO.OB)
1- Last bearish trend was from 19.00 $ (9/4/2009) to 16.00 $ (2/2/2010) a 3.00 $ move 2- The current bullish trend started from 16.00 $ at 2/2/2010 and is currently trading at 18.00 $. 3- MNBO.OB current support level is at 17.85 which is the 61.80 % fibonacci retracement of the last 3.00 $ move.
4- MNBO.OB current resistance level is at 19.00 which is the 100.00 % fibonacci retracement of the last 3.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
MNB HOLDINGS CORP CA (MNBO.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 19.000 and 34.000 that was broken up at 18.500 transforming into a supporting line.
MNB HOLDINGS CORP CA (MNBO.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 16.000 and 15.050, and is currently supporting at 16.082.
MNB HOLDINGS CORP CA (MNBO.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 16.000 and 15.050, and is currently supporting at 16.082.

Stock Trading Conclusion:
MNB HOLDINGS CORP CA (MNBO.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 19.00, 19.82, 20.85.
Stock Support levels : 17.85, 17.53, 17.50, 17.24, 17.15, 17.00, 16.76, 16.71, 16.08, 16.00,.