Today we will analyze the stock New Mexico Software (NMXC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in New Mexico Software (NMXC.OB)
1- Last bullish trend was from 0.03 $ (11/26/2012) to 0.04 $ (11/27/2012) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 11/27/2012 and is currently trading at 0.03 $.
3- NMXC.OB current support level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- NMXC.OB current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
New Mexico Software (NMXC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.

New Mexico Software (NMXC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.

New Mexico Software (NMXC.OB) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.030 $ and 0.040 $.


Stock Trading Conclusion:
New Mexico Software (NMXC.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 : 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040,.
Stock Support levels : 0.027,.