Today we will analyze the stock Matech Corp. (MTCH.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Matech Corp. (MTCH.OB)
1- Last bullish trend was from 0.02 $ (1/25/2010) to 0.03 $ (1/26/2010) a 0.01 $ move 2- The current bearish trend started from 0.03 $ at 1/26/2010 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Matech Corp. (MTCH.OB) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.020 and 0.030,resistance between 0.030 and 0.040 which was broken up at 0.020 in higher than usual volume.
Matech Corp. (MTCH.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.020 and 0.030,resistance between 0.030 and 0.040 which was broken up at 0.020 in higher than usual volume.
Matech Corp. (MTCH.OB) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.020 and 0.030,resistance between 0.030 and 0.040 which was broken up at 0.020 in higher than usual volume.

Stock Trading Conclusion:
Matech Corp. (MTCH.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.015, 0.018, 0.020, 0.022, 0.030.
Stock Support levels : -0.051,.