Today we will analyze the stock SPO Medical Inc. (SPOM.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in SPO Medical Inc. (SPOM.OB)
1- Last bullish trend was from 0.01 $ (2/29/2012) to 0.02 $ (3/5/2012) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 3/5/2012 and is currently trading at 0.01 $.
3- SPOM.OB current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- SPOM.OB current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- 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.
SPO Medical Inc. (SPOM.OB) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030 which was broken up at 0.010.
SPO Medical Inc. (SPOM.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030 which was broken up at 0.010.
SPO Medical Inc. (SPOM.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.020 and 0.030 which was broken up at 0.010.

Stock Trading Conclusion:
SPO Medical Inc. (SPOM.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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007, 0.004, -0.016,.