Today we will analyze the stock New Century Energy Corp. (NCEYQ.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in New Century Energy Corp. (NCEYQ.OB)
1- Last bearish trend was from 0.02 $ (3/11/2009) to 0.01 $ (3/12/2009) a 0.01 $ move 2- The current bullish trend started from 0.01 $ at 3/12/2009 and is currently trading at 0.02 $.
3- NCEYQ.OB current support level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- NCEYQ.OB current resistance level is at 0.02 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
New Century Energy Corp. (NCEYQ.OB) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
8- The Stock formed a 0.030 $ height triangle which was broken up at 0.020 in higher than usual volume, target of the pattern is 0.050.
New Century Energy Corp. (NCEYQ.OB) Mid term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.010 .
10- The Stock formed a 0.030 $ height triangle which was broken up at 0.020 in higher than usual volume, target of the pattern is 0.050.
New Century Energy Corp. (NCEYQ.OB) Long term stock chart patterns for internet stock trading :

11- The Stock formed Double Bottom Pattern at 0.010 .
12- The Stock formed a 0.030 $ height triangle which was broken up at 0.020 in higher than usual volume, target of the pattern is 0.050.

Stock Trading Conclusion:
New Century Energy Corp. (NCEYQ.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 0.023, 0.026, 0.040, 0.050,.
Stock Support levels : 0.018, 0.016, 0.016, 0.015, 0.014, 0.012, 0.010,.