Today we will analyze the stock Synthetech Inc. (NZYM.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Synthetech Inc. (NZYM.OB)
1- Last bullish trend was from 0.93 $ (9/15/2010) to 1.17 $ (11/18/2010) a 0.24 $ move 2- The current bearish trend started from 1.17 $ at 11/18/2010 and is currently trading at 1.12 $.
3- NZYM.OB current support level is at 1.11 which is the 23.60 % fibonacci retracement of the last 0.24 $ move.
4- NZYM.OB current resistance level is at 1.17 which is the 0.00 % fibonacci retracement of the last 0.24 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Synthetech Inc. (NZYM.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.930 and 0.440 that was broken down at 0.970 transforming into a resistance line.
Synthetech Inc. (NZYM.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.480 and 0.500 that was broken up at 0.450 transforming into a supporting line.
Synthetech Inc. (NZYM.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.440 .
9- The Stock formed Double Top Pattern at 0.500 that failed, and formed a support .

Stock Trading Conclusion:
Synthetech Inc. (NZYM.OB) was trading in a strong bullish wave, which is becoming stronger .
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 : 1.13, 1.14, 1.14, 1.15, 1.17, 19.55.
Stock Support levels : 1.11, 1.08, 1.05, 1.02, 0.93, 0.86, 0.78, 0.50, 0.44,.