Today we will analyze the stock MAX RESOURCE CORP (MXROF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in MAX RESOURCE CORP (MXROF.OB)
1- Last bullish trend was from 0.18 $ (4/18/2012) to 0.21 $ (4/20/2012) a 0.03 $ move 2- The current bearish trend started from 0.21 $ at 4/20/2012 and is currently trading at 0.17 $.
3- MXROF.OB current support level is at 0.16 which is the 161.80 % fibonacci retracement of the last 0.03 $ move.
4- MXROF.OB current resistance level is at 0.17 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
MAX RESOURCE CORP (MXROF.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.210 and 0.260, and is currently resisting at 0.189.
MAX RESOURCE CORP (MXROF.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.210 and 0.260, and is currently resisting at 0.189.
MAX RESOURCE CORP (MXROF.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.210 and 0.260, and is currently resisting at 0.189.

Stock Trading Conclusion:
MAX RESOURCE CORP (MXROF.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.172, 0.179, 0.180, 0.185, 0.189, 0.190, 0.191, 0.195, 0.195, 0.199, 0.203, 0.210,.
Stock Support levels : 0.161.