Today we will analyze the stock NanoViricides (NNVC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in NanoViricides (NNVC.OB)
1- Last bullish trend was from 3.85 $ (2/26/2014) to 4.07 $ (3/3/2014) a 0.22 $ move 2- The current bearish trend started from 4.07 $ at 3/3/2014 and is currently trading at 3.81 $.
3- NNVC.OB current support level is at 3.79 which is the 127.20 % fibonacci retracement of the last 0.22 $ move.
4- NNVC.OB current resistance level is at 3.85 which is the 100.00 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
NanoViricides (NNVC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.850 and 3.740 that was broken down at 3.900 transforming into a resistance line.
NanoViricides (NNVC.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.740 and 3.110 that was broken down at 3.860 transforming into a resistance line.
NanoViricides (NNVC.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
NanoViricides (NNVC.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 3.85, 3.87, 3.91, 3.93, 3.94, 3.96, 3.97, 3.99, 4.02, 4.07, 4.07, 5.63.
Stock Support levels : 3.79,.