Today we will analyze the stock NEW RESOURCE BANK CA (NWBN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in NEW RESOURCE BANK CA (NWBN.OB)
1- Last bearish trend was from 4.70 $ (3/5/2014) to 4.30 $ (3/7/2014) a 0.40 $ move 2- The current bullish trend started from 4.30 $ at 3/7/2014 and is currently trading at 4.70 $.
3- NWBN.OB current support level is at 4.70 which is the 100.00 % fibonacci retracement of the last 0.40 $ move.
4- NWBN.OB current resistance level is at 4.81 which is the 127.20 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
NEW RESOURCE BANK CA (NWBN.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.300 and 3.950, and is currently supporting at 4.313.
NEW RESOURCE BANK CA (NWBN.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.300 and 3.850, and is currently supporting at 4.309.
NEW RESOURCE BANK CA (NWBN.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.930 $ height triangle which was broken up at 4.300 in higher than usual volume, target of the pattern is 5.230.

Stock Trading Conclusion:
NEW RESOURCE BANK CA (NWBN.OB) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 4.81, 4.95, 5.23.
Stock Support levels : 4.61, 4.55, 4.50, 4.45, 4.39, 4.31, 4.31, 4.30,.