Today we will analyze the stock SofTech Inc. (SOFT.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in SofTech Inc. (SOFT.OB)
1- Last bearish trend was from 2.64 $ (8/31/2011) to 1.00 $ (12/16/2011) a 1.64 $ move 2- The current bullish trend started from 1.00 $ at 12/16/2011 and is currently trading at 2.00 $.
3- SOFT.OB current support level is at 1.82 which is the 50.00 % fibonacci retracement of the last 1.64 $ move.
4- SOFT.OB current resistance level is at 2.01 which is the 61.80 % fibonacci retracement of the last 1.64 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
SofTech Inc. (SOFT.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.640 and 2.750, and is currently resisting at 2.021.
SofTech Inc. (SOFT.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.000 and 0.120, and is currently supporting at 1.222.
SofTech Inc. (SOFT.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.000 and 0.120, and is currently supporting at 1.222.

Stock Trading Conclusion:
SofTech Inc. (SOFT.OB) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 2.01, 2.02, 2.64, 3.09, 3.65.
Stock Support levels : 1.82, 1.76, 1.63, 1.62, 1.50, 1.39, 1.38, 1.22, 1.00,.