Today we will analyze the stock New Century Companies Inc. (NCNC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in New Century Companies Inc. (NCNC.OB)
1- Last bearish trend was from 0.18 $ (4/14/2010) to 0.15 $ (4/22/2010) a 0.03 $ move 2- The current bullish trend started from 0.15 $ at 4/22/2010 and is currently trading at 0.17 $.
3- NCNC.OB current support level is at 0.17 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
4- NCNC.OB current resistance level is at 0.18 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
New Century Companies Inc. (NCNC.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.190 that was broken up at 0.160 transforming into a supporting line.
New Century Companies Inc. (NCNC.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.150 and 0.130, and is currently supporting at 0.154.
New Century Companies Inc. (NCNC.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.150 and 0.110, and is currently supporting at 0.156.

Stock Trading Conclusion:
New Century Companies Inc. (NCNC.OB) was trading in a bearish 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 : 0.180, 0.188, 0.199.
Stock Support levels : 0.169, 0.165, 0.165, 0.162, 0.161, 0.160, 0.158, 0.157, 0.156, 0.154, 0.150,.