Today we will analyze the stock MIDAMERICAN ERY 4.20 (MWPSP.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MIDAMERICAN ERY 4.20 (MWPSP.OB)
1- Last bearish trend was from 86.00 $ (5/27/2011) to 78.26 $ (7/19/2011) a 7.74 $ move 2- The current bullish trend started from 78.26 $ at 7/19/2011 and is currently trading at 103.40 $.
3- According to ADX Indicator, the trend is currently strong bullish, 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.
MIDAMERICAN ERY 4.20 (MWPSP.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 78.260 and 74.970, and is currently supporting at 90.762.
MIDAMERICAN ERY 4.20 (MWPSP.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 78.260 and 69.970, and is currently supporting at 93.230.
MIDAMERICAN ERY 4.20 (MWPSP.OB) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 69.970 and 66.250, and is currently supporting at 75.844.

Stock Trading Conclusion:
MIDAMERICAN ERY 4.20 (MWPSP.OB) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : .
Stock Support levels : 97.47, 93.80, 93.23, 90.83, 90.76, 87.86, 78.26,.