Today we will analyze the stock Monadnock Bancorp (MNKB.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Monadnock Bancorp (MNKB.OB)
1- Last bearish trend was from 5.15 $ (12/27/2012) to 4.95 $ (12/28/2012) a 0.20 $ move 2- The current bullish trend started from 4.95 $ at 12/28/2012 and is currently trading at 5.25 $.
3- MNKB.OB current support level is at 5.20 which is the 127.20 % fibonacci retracement of the last 0.20 $ move.
4- MNKB.OB current resistance level is at 5.27 which is the 161.80 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Monadnock Bancorp (MNKB.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.950 and 4.840 that was broken down at 5.250 transforming into a resistance line.
Monadnock Bancorp (MNKB.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.650 and 4.550, and is currently supporting at 4.932.
Monadnock Bancorp (MNKB.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.650 and 4.550, and is currently supporting at 4.932.

Stock Trading Conclusion:
Monadnock Bancorp (MNKB.OB) was trading in a strong bullish 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 : 5.27, 9.02.
Stock Support levels : 5.20, 5.18, 5.15, 5.14, 5.10, 5.07, 5.06, 5.05, 5.03, 5.00, 4.95, 4.93,.