Today we will analyze the stock Pinnacle Bankshares Corp. (PPBN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Pinnacle Bankshares Corp. (PPBN.OB)
1- Last bearish trend was from 9.50 $ (3/21/2012) to 9.10 $ (3/29/2012) a 0.40 $ move 2- The current bullish trend started from 9.10 $ at 3/29/2012 and is currently trading at 9.25 $.
3- PPBN.OB current support level is at 9.19 which is the 23.60 % fibonacci retracement of the last 0.40 $ move.
4- PPBN.OB current resistance level is at 9.25 which is the 38.20 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Pinnacle Bankshares Corp. (PPBN.OB) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 9.100 $ and 9.500 $.

Pinnacle Bankshares Corp. (PPBN.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.830 $ height triangle which was broken up at 8.000 in higher than usual volume, target of the pattern is 10.830.
Pinnacle Bankshares Corp. (PPBN.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 9.500 and 9.900 that was broken up at 6.850 transforming into a supporting line.

Stock Trading Conclusion:
Pinnacle Bankshares Corp. (PPBN.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 9.25, 9.30, 9.35, 9.50, 9.61, 9.75, 10.83.
Stock Support levels : 9.21, 9.19, 9.19, 9.18, 9.16, 9.10, 9.09, 9.07, 9.06, 7.15,.