Today we will analyze the stock MERIDIAN CO LTD (MRDAF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MERIDIAN CO LTD (MRDAF.OB)
1- Last bullish trend was from 0.01 $ (10/29/2013) to 0.10 $ (2/26/2014) a 0.09 $ move 2- The current bearish trend started from 0.10 $ at 2/26/2014 and is currently trading at 0.01 $.
3- MRDAF.OB current support level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
4- MRDAF.OB current resistance level is at 0.04 which is the 61.80 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MERIDIAN CO LTD (MRDAF.OB) Short term stock chart patterns for internet stock trading :

None.
MERIDIAN CO LTD (MRDAF.OB) Mid term stock chart patterns for internet stock trading :

None.
MERIDIAN CO LTD (MRDAF.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
MERIDIAN CO LTD (MRDAF.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.020, 0.030, 0.031, 0.044, 0.055, 0.066, 0.079, 0.100,.
Stock Support levels : 0.010, -0.014,.