Today we will analyze the stock Procyon Corp. (PCYN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Procyon Corp. (PCYN.OB)
1- Last bearish trend was from 0.30 $ (2/21/2014) to 0.25 $ (3/6/2014) a 0.05 $ move 2- The current bullish trend started from 0.25 $ at 3/6/2014 and is currently trading at 0.35 $.
3- 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.
Procyon Corp. (PCYN.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.250 and 0.160, and is currently supporting at 0.259.
Procyon Corp. (PCYN.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.250 and 0.120, and is currently supporting at 0.254.
Procyon Corp. (PCYN.OB) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.250 and 0.100,resistance between 0.300 and 0.110 which was broken up at 0.340 in higher than usual volume.

Stock Trading Conclusion:
Procyon Corp. (PCYN.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 : .
Stock Support levels : 0.326, 0.321, 0.312, 0.300, 0.288, 0.259, 0.254,.