Today we will analyze the stock Panda Ethanol Inc. (PDAE.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Panda Ethanol Inc. (PDAE.OB)
1- Last bearish trend was from 0.05 $ (12/11/2013) to 0.04 $ (12/12/2013) a 0.01 $ move 2- The current bullish trend started from 0.04 $ at 12/12/2013 and is currently trading at 0.05 $.
3- PDAE.OB current support level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- PDAE.OB current resistance level is at 0.05 which is the 127.20 % fibonacci retracement of the last 0.01 $ 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.
Panda Ethanol Inc. (PDAE.OB) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.040 $ and 0.050 $.

Panda Ethanol Inc. (PDAE.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.040 $ and 0.050 $.

Panda Ethanol Inc. (PDAE.OB) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.040 $ and 0.050 $.


Stock Trading Conclusion:
Panda Ethanol Inc. (PDAE.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 : 0.053, 0.056.
Stock Support levels : 0.048, 0.046, 0.045, 0.044, 0.042, 0.040,.