Today we will analyze the stock Northeast Indiana Bancorp Inc. (NIDB.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Northeast Indiana Bancorp Inc. (NIDB.OB)
1- Last bullish trend was from 20.31 $ (1/9/2014) to 21.50 $ (2/21/2014) a 1.19 $ move 2- The current bearish trend started from 21.50 $ at 2/21/2014 and is currently trading at 20.85 $.
3- NIDB.OB current support level is at 20.76 which is the 61.80 % fibonacci retracement of the last 1.19 $ move.
4- NIDB.OB current resistance level is at 20.90 which is the 50.00 % fibonacci retracement of the last 1.19 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Northeast Indiana Bancorp Inc. (NIDB.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 20.310 .
Northeast Indiana Bancorp Inc. (NIDB.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 20.220 and 19.240,resistance between 21.590 and 20.600 which was broken down at 20.310 in higher than usual volume.
Northeast Indiana Bancorp Inc. (NIDB.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 14.830 and 11.780,resistance between 16.670 and 14.080 which was broken down at 15.720 in higher than usual volume.

Stock Trading Conclusion:
Northeast Indiana Bancorp Inc. (NIDB.OB) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 20.90, 21.00, 21.05, 21.10, 21.17, 21.22, 21.25, 21.45, 21.50, 21.85, 25.66.
Stock Support levels : 20.76, 20.31, 19.99,.