Today we will analyze the stock Modigene (MODG.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Modigene (MODG.OB)
1- Last bearish trend was from 0.80 $ (6/4/2009) to 0.70 $ (6/8/2009) a 0.10 $ move 2- The current bullish trend started from 0.70 $ at 6/8/2009 and is currently trading at 0.90 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Modigene (MODG.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.700 .
Modigene (MODG.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.700 .
Modigene (MODG.OB) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.700 .
7- The Stock formed a 0.120 $ height triangle which was broken up at 0.900 in higher than usual volume, target of the pattern is 1.020.

Stock Trading Conclusion:
Modigene (MODG.OB) was trading in a strong bullish wave, which is becoming stronger .
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 : 1.020.
Stock Support levels : 0.853, 0.824, 0.800, 0.786, 0.776, 0.700,.