Today we will analyze the stock MED BIOGENE INC. (Tier2) (MBI.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in MED BIOGENE INC. (Tier2) (MBI.V)
1- Last bullish trend was from 0.03 $ (4/12/2012) to 0.04 $ (4/20/2012) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 4/20/2012 and is currently trading at 0.03 $.
3- MBI.V current support level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- MBI.V current resistance level is at 0.03 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.
6- Bullish Divergance in MACD Indicator .
MED BIOGENE INC. (Tier2) (MBI.V) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.050, the stock channel is currently supported from below by 0.017 and resisted from above by 0.033.
MED BIOGENE INC. (Tier2) (MBI.V) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.050, the stock channel is currently supported from below by 0.017 and resisted from above by 0.033.
MED BIOGENE INC. (Tier2) (MBI.V) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.040,resistance between 0.040 and 0.050, the stock channel is currently supported from below by 0.017 and resisted from above by 0.033.

Stock Trading Conclusion:
MED BIOGENE INC. (Tier2) (MBI.V) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040, 0.050.
Stock Support levels : 0.027,.