Today we will analyze the stock Protalex Inc. (PRTX.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Protalex Inc. (PRTX.OB)
1- Last bearish trend was from 0.85 $ (4/23/2012) to 0.66 $ (4/25/2012) a 0.19 $ move 2- The current bullish trend started from 0.66 $ at 4/25/2012 and is currently trading at 0.85 $.
3- PRTX.OB current support level is at 0.85 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
4- PRTX.OB current resistance level is at 0.90 which is the 127.20 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Protalex Inc. (PRTX.OB) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.660 and 0.760,resistance between 0.850 and 1.100 which was broken up at 0.850 in higher than usual volume.
Protalex Inc. (PRTX.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.660 and 0.760,resistance between 0.850 and 1.100 which was broken up at 0.850 in higher than usual volume.
Protalex Inc. (PRTX.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.850 and 1.250 that was broken up at 0.850 transforming into a supporting line.

Stock Trading Conclusion:
Protalex Inc. (PRTX.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 : 0.902, 0.967.
Stock Support levels : 0.805, 0.777, 0.755, 0.733, 0.705, 0.663, 0.660,.