Today we will analyze the stock New Green Technologies (NGRN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in New Green Technologies (NGRN.OB)
1- Last bullish trend was from 0.01 $ (12/18/2009) to 0.02 $ (12/23/2009) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 12/23/2009 and is currently trading at 0.01 $.
3- NGRN.OB current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- NGRN.OB current resistance level is at 0.01 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 becoming weaker.
New Green Technologies (NGRN.OB) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030 which was broken up at 0.010.
New Green Technologies (NGRN.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030 which was broken up at 0.010.
New Green Technologies (NGRN.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030 which was broken up at 0.010.

Stock Trading Conclusion:
New Green Technologies (NGRN.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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007, 0.004, 0.003,.