Today we will analyze the stock Scout Exploration Inc. (SCXN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Scout Exploration Inc. (SCXN.OB)
1- Last bullish trend was from 0.05 $ (12/13/2011) to 0.14 $ (2/17/2012) a 0.09 $ move 2- The current bearish trend started from 0.14 $ at 2/17/2012 and is currently trading at 0.01 $.
3- SCXN.OB current resistance level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.09 $ move.
4- 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.
5- Bullish Divergance in MACD Indicator .
Scout Exploration Inc. (SCXN.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.140 and 0.160, and is currently resisting at 0.121.
Scout Exploration Inc. (SCXN.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.140 and 0.160, and is currently resisting at 0.121.
Scout Exploration Inc. (SCXN.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.140 and 0.160, and is currently resisting at 0.121.

Stock Trading Conclusion:
Scout Exploration Inc. (SCXN.OB) was trading in a strong bearish 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 : 0.026, 0.041, 0.050, 0.060, 0.075, 0.084, 0.090, 0.095, 0.106, 0.119, 0.121, 0.140,.
Stock Support levels : -0.006.