Today we will analyze the stock M-Wave Inc. (MWAV.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in M-Wave Inc. (MWAV.OB)
1- Last bearish trend was from 0.37 $ (3/13/2009) to 0.25 $ (3/16/2009) a 0.12 $ move 2- The current bullish trend started from 0.25 $ at 3/16/2009 and is currently trading at 0.39 $.
3- MWAV.OB current support level is at 0.37 which is the 100.00 % fibonacci retracement of the last 0.12 $ move.
4- MWAV.OB current resistance level is at 0.40 which is the 127.20 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
M-Wave Inc. (MWAV.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.260 $ height triangle which was broken up at 0.390, target of the pattern is 0.650.
M-Wave Inc. (MWAV.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.260 $ height triangle which was broken up at 0.390, target of the pattern is 0.650.
M-Wave Inc. (MWAV.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.260 $ height triangle which was broken up at 0.390, target of the pattern is 0.650.

Stock Trading Conclusion:
M-Wave Inc. (MWAV.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 : 0.403, 0.444, 0.650,.
Stock Support levels : 0.370, 0.357, 0.350, 0.337, 0.324, 0.320, 0.310, 0.303, 0.296, 0.278, 0.250,.