Today we will analyze the stock Precision Optics Corp. Inc. (PEYE.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Precision Optics Corp. Inc. (PEYE.OB)
1- Last bearish trend was from 0.95 $ (1/16/2014) to 0.70 $ (3/6/2014) a 0.25 $ move 2- The current bullish trend started from 0.70 $ at 3/6/2014 and is currently trading at 0.90 $.
3- PEYE.OB current support level is at 0.85 which is the 61.80 % fibonacci retracement of the last 0.25 $ move.
4- PEYE.OB current resistance level is at 0.95 which is the 100.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Precision Optics Corp. Inc. (PEYE.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.950 .
7- The Stock formed a 0.340 $ height triangle.
Precision Optics Corp. Inc. (PEYE.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.950 .
9- The Stock formed a 0.340 $ height triangle.
Precision Optics Corp. Inc. (PEYE.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.950 .
11- The Stock formed a 0.340 $ height triangle.

Stock Trading Conclusion:
Precision Optics Corp. Inc. (PEYE.OB) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.950, 1.018, 1.105.
Stock Support levels : 0.854, 0.853, 0.825, 0.824, 0.800, 0.795, 0.776, 0.759, 0.700,.