Today we will analyze the stock OmniReliant Holdings (ORHI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in OmniReliant Holdings (ORHI.OB)
1- Last bullish trend was from 0.05 $ (11/17/2010) to 0.08 $ (12/13/2010) a 0.03 $ move 2- The current bearish trend started from 0.08 $ at 12/13/2010 and is currently trading at 0.04 $.
3- ORHI.OB current support level is at 0.03 which is the 161.80 % fibonacci retracement of the last 0.03 $ move.
4- ORHI.OB current resistance level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- 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.
OmniReliant Holdings (ORHI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.050 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.074.
OmniReliant Holdings (ORHI.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.050 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.074.
OmniReliant Holdings (ORHI.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.050 that failed and formed a resistance.
11- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.090, and is currently resisting at 0.074.

Stock Trading Conclusion:
OmniReliant Holdings (ORHI.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.042, 0.049, 0.050, 0.055, 0.060, 0.061, 0.065, 0.065, 0.069, 0.073, 0.074, 0.080,.
Stock Support levels :.