Today we will analyze the stock Semotus Solutions Inc. (SMOA.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Semotus Solutions Inc. (SMOA.OB)
1- Last bullish trend was from 0.50 $ (10/6/2008) to 0.78 $ (10/9/2008) a 0.28 $ move 2- The current bearish trend started from 0.78 $ at 10/9/2008 and is currently trading at 0.51 $.
3- SMOA.OB current support level is at 0.50 which is the 100.00 % fibonacci retracement of the last 0.28 $ move.
4- SMOA.OB current resistance level is at 0.61 which is the 61.80 % fibonacci retracement of the last 0.28 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Semotus Solutions Inc. (SMOA.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.780 .
7- The Stock formed a 0.360 $ height triangle which was broken down at 0.510 in higher than usual volume, target of the pattern is 0.150.
Semotus Solutions Inc. (SMOA.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.780 .
9- The Stock formed a 0.360 $ height triangle which was broken down at 0.510 in higher than usual volume, target of the pattern is 0.150.
Semotus Solutions Inc. (SMOA.OB) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.780 .
11- The Stock formed a 0.360 $ height triangle which was broken down at 0.510 in higher than usual volume, target of the pattern is 0.150.

Stock Trading Conclusion:
Semotus Solutions Inc. (SMOA.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.574, 0.607, 0.613, 0.628, 0.640, 0.645, 0.673, 0.677, 0.714, 0.780,.
Stock Support levels : 0.500, 0.424, 0.420, 0.327, 0.150,.