Today we will analyze the stock Mission Valley Bancorp (MVLY.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Mission Valley Bancorp (MVLY.OB)
1- Last bullish trend was from 6.10 $ (12/25/2013) to 7.00 $ (3/5/2014) a 0.90 $ move 2- The current bearish trend started from 7.00 $ at 3/5/2014 and is currently trading at 6.50 $.
3- MVLY.OB current support level is at 6.44 which is the 61.80 % fibonacci retracement of the last 0.90 $ move.
4- MVLY.OB current resistance level is at 6.55 which is the 50.00 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
Mission Valley Bancorp (MVLY.OB) Short term stock chart patterns for internet stock trading :

None.
Mission Valley Bancorp (MVLY.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 6.100 .
Mission Valley Bancorp (MVLY.OB) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 1.150 $ height triangle.

Stock Trading Conclusion:
Mission Valley Bancorp (MVLY.OB) was trading in a strong bearish 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 : 6.55, 6.62, 6.66, 6.69, 6.75, 6.79, 6.81, 7.00,.
Stock Support levels : 6.44, 6.10, 5.86,.