Today we will analyze the stock NEVADA STAR RES CP (NVSRF.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in NEVADA STAR RES CP (NVSRF.OB)
1- Last bullish trend was from 0.01 $ (12/9/2013) to 0.03 $ (2/19/2014) a 0.02 $ move 2- The current bearish trend started from 0.03 $ at 2/19/2014 and is currently trading at 0.02 $.
3- NVSRF.OB current support level is at 0.02 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- NVSRF.OB current resistance level is at 0.02 which is the 50.00 % fibonacci retracement of the last 0.02 $ 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.
NEVADA STAR RES CP (NVSRF.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.030 .
NEVADA STAR RES CP (NVSRF.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.030 .
NEVADA STAR RES CP (NVSRF.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.030 .

Stock Trading Conclusion:
NEVADA STAR RES CP (NVSRF.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 : 0.022, 0.024, 0.025, 0.025, 0.026, 0.030,.
Stock Support levels : 0.018, 0.010, 0.005,.