Today we will analyze the stock Osteologix (OLGX.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Osteologix (OLGX.OB)
1- Last bullish trend was from 0.35 $ (6/30/2011) to 0.43 $ (7/19/2011) a 0.08 $ move 2- The current bearish trend started from 0.43 $ at 7/19/2011 and is currently trading at 0.26 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
Osteologix (OLGX.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.430 and 0.490, and is currently resisting at 0.418.
Osteologix (OLGX.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.430 and 0.490, and is currently resisting at 0.418.
Osteologix (OLGX.OB) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.180 $ height triangle which was broken down at 0.350 in higher than usual volume, target of the pattern is 0.170.

Stock Trading Conclusion:
Osteologix (OLGX.OB) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.300, 0.325, 0.345, 0.361, 0.365, 0.418, 0.430.
Stock Support levels : 0.170.