Today we will analyze the stock Micropac Industries Inc. (MPAD.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Micropac Industries Inc. (MPAD.OB)
1- Last bearish trend was from 7.00 $ (10/14/2013) to 6.79 $ (11/22/2013) a 0.21 $ move 2- The current bullish trend started from 6.79 $ at 11/22/2013 and is currently trading at 8.30 $.
3- 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.
Micropac Industries Inc. (MPAD.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 6.790 and 6.230, and is currently supporting at 7.773.
Micropac Industries Inc. (MPAD.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 6.090 and 5.590 that was broken down at 6.810 transforming into a resistance line.
Micropac Industries Inc. (MPAD.OB) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.090 and 5.280, and is currently supporting at 7.139.

Stock Trading Conclusion:
Micropac Industries Inc. (MPAD.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 9.33.
Stock Support levels : 7.94, 7.77, 7.72, 7.55, 7.37, 7.14,.