Today we will analyze the stock Navidec Financial Services Inc. (NVDF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Navidec Financial Services Inc. (NVDF.OB)
1- Last bullish trend was from 1.10 $ (1/4/2010) to 1.33 $ (1/12/2010) a 0.23 $ move 2- The current bearish trend started from 1.33 $ at 1/12/2010 and is currently trading at 1.25 $.
3- NVDF.OB current support level is at 1.24 which is the 38.20 % fibonacci retracement of the last 0.23 $ move.
4- NVDF.OB current resistance level is at 1.28 which is the 23.60 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bearish Divergance in MACD Indicator .
Navidec Financial Services Inc. (NVDF.OB) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.100 and 1.000 that was broken down at 1.300 transforming into a resistance line.
Navidec Financial Services Inc. (NVDF.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.100 and 1.000 that was broken down at 1.300 transforming into a resistance line.
Navidec Financial Services Inc. (NVDF.OB) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 1.300 .
10- The Stock formed a 0.300 $ height triangle which was broken down at 1.300 in higher than usual volume, target of the pattern is 1.000.

Stock Trading Conclusion:
Navidec Financial Services Inc. (NVDF.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 1.27, 1.28, 1.28, 1.29, 1.30, 1.30, 1.33, 1.37,.
Stock Support levels : 1.24, 1.22, 1.19, 1.10, 1.04, 1.00,.