Today we will analyze the stock Neenah Enterprises (NENA.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Neenah Enterprises (NENA.OB)
1- Last bullish trend was from 0.05 $ (1/29/2010) to 0.10 $ (2/1/2010) a 0.05 $ move 2- The current bearish trend started from 0.10 $ at 2/1/2010 and is currently trading at 0.03 $.
3- NENA.OB current support level is at 0.02 which is the 161.80 % fibonacci retracement of the last 0.05 $ move.
4- NENA.OB current resistance level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Neenah Enterprises (NENA.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.140, and is currently resisting at 0.076.
Neenah Enterprises (NENA.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.140, and is currently resisting at 0.076.
Neenah Enterprises (NENA.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.100 and 0.140, and is currently resisting at 0.076.

Stock Trading Conclusion:
Neenah Enterprises (NENA.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.036, 0.047, 0.050, 0.057, 0.065, 0.069, 0.073, 0.075, 0.076, 0.081, 0.088, 0.100,.
Stock Support levels : 0.019.