Today we will analyze the stock Merilus (MRHD.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Merilus (MRHD.OB)
1- Last bullish trend was from 0.05 $ (7/5/2012) to 0.35 $ (7/20/2012) a 0.30 $ move 2- The current bearish trend started from 0.35 $ at 7/20/2012 and is currently trading at 0.05 $.
3- MRHD.OB current resistance level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
4- According to ADX Indicator, the trend is currently strong bearish,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.
Merilus (MRHD.OB) Short term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.050 .
Merilus (MRHD.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.050 .
Merilus (MRHD.OB) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.050 .

Stock Trading Conclusion:
Merilus (MRHD.OB) was trading in a strong bearish 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 : 0.050, 0.121, 0.165, 0.165, 0.200, 0.200, 0.235, 0.279, 0.350,.
Stock Support levels : -0.032,.