Today we will analyze the stock PONIARD PHARMA PFD (PARDP.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in PONIARD PHARMA PFD (PARDP.OB)
1- Last bullish trend was from 0.36 $ (10/24/2013) to 0.45 $ (12/20/2013) a 0.09 $ move 2- The current bearish trend started from 0.45 $ at 12/20/2013 and is currently trading at 0.31 $.
3- PARDP.OB current support level is at 0.30 which is the 161.80 % fibonacci retracement of the last 0.09 $ move.
4- PARDP.OB current resistance level is at 0.34 which is the 127.20 % fibonacci retracement of the last 0.09 $ 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.
PONIARD PHARMA PFD (PARDP.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.300 $ height triangle which was broken up at 0.310, target of the pattern is 0.610 which was broken down at 0.310 in higher than usual volume, target of the pattern is 0.010.
PONIARD PHARMA PFD (PARDP.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.300 $ height triangle which was broken up at 0.310, target of the pattern is 0.610 which was broken down at 0.310 in higher than usual volume, target of the pattern is 0.010.
PONIARD PHARMA PFD (PARDP.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.300 $ height triangle which was broken up at 0.310, target of the pattern is 0.610 which was broken down at 0.310 in higher than usual volume, target of the pattern is 0.010.

Stock Trading Conclusion:
PONIARD PHARMA PFD (PARDP.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 : 0.336, 0.343, 0.360, 0.363, 0.366, 0.380, 0.394, 0.397, 0.405, 0.416, 0.429, 0.450, 0.610,.
Stock Support levels : 0.304, 0.010, -1.400,.