Today we will analyze the stock MEXORO MINERALS LTD (MXOM.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MEXORO MINERALS LTD (MXOM.OB)
1- Last bearish trend was from 0.25 $ (10/28/2010) to 0.20 $ (11/8/2010) a 0.05 $ move 2- The current bullish trend started from 0.20 $ at 11/8/2010 and is currently trading at 0.25 $.
3- MXOM.OB current support level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- MXOM.OB current resistance level is at 0.26 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MEXORO MINERALS LTD (MXOM.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.200 .
MEXORO MINERALS LTD (MXOM.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.200 .
MEXORO MINERALS LTD (MXOM.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.200 .

Stock Trading Conclusion:
MEXORO MINERALS LTD (MXOM.OB) was trading in a bullish 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 : 0.264, 0.281.
Stock Support levels : 0.238, 0.231, 0.225, 0.219, 0.212, 0.200,.