Today we will analyze the stock NewCardio (NWCI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in NewCardio (NWCI.OB)
1- Last bullish trend was from 0.02 $ (4/13/2012) to 0.05 $ (4/30/2012) a 0.03 $ move 2- The current bearish trend started from 0.05 $ at 4/30/2012 and is currently trading at 0.03 $.
3- NWCI.OB current support level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- NWCI.OB current resistance level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NewCardio (NWCI.OB) Short term stock chart patterns for internet stock trading :

None.
NewCardio (NWCI.OB) Mid term stock chart patterns for internet stock trading :

None.
NewCardio (NWCI.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
NewCardio (NWCI.OB) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.031, 0.035, 0.035, 0.038, 0.039, 0.040, 0.042, 0.043, 0.050, 0.050.
Stock Support levels : 0.020, 0.012,.