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 bullish trend was from 0.05 $ (3/5/2014) to 0.06 $ (3/7/2014) a 0.01 $ move 2- The current bearish trend started from 0.06 $ at 3/7/2014 and is currently trading at 0.05 $.
3- MXOM.OB current support level is at 0.05 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- MXOM.OB current resistance level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
MEXORO MINERALS LTD (MXOM.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.060 .
7- The Stock formed a 0.020 $ height triangle which was broken down at 0.050 in higher than usual volume, target of the pattern is 0.030.
MEXORO MINERALS LTD (MXOM.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.060 .
9- The Stock formed a 0.020 $ height triangle which was broken down at 0.050 in higher than usual volume, target of the pattern is 0.030.
MEXORO MINERALS LTD (MXOM.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.060 .
11- The Stock formed a 0.020 $ height triangle which was broken down at 0.050 in higher than usual volume, target of the pattern is 0.030.

Stock Trading Conclusion:
MEXORO MINERALS LTD (MXOM.OB) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.052, 0.054, 0.054, 0.055, 0.056, 0.058, 0.060,.
Stock Support levels : 0.047, 0.044, 0.040, 0.030,.