Today we’ll analyze the stock Edge Petroleum Corporation (EPEX) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Edge Petroleum Corporation (EPEX)
1- Last bearish trend was from 0.15$ (12/29/2008) to 0.14$ (12/30/2008) a 0.01$ move
2- The current bullish trend started from 0.14$ at 12/30/2008 and is currently trading at 0.28$.

3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Edge Petroleum Corporation (EPEX) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.14.
5- The Stock formed a 0.31$ height triangle which was broken up at 0.14, target of the pattern is 0.45.
Edge Petroleum Corporation (EPEX) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.14.
7- The Stock formed a 0.31$ height triangle which was broken up at 0.14, target of the pattern is 0.45.
Edge Petroleum Corporation (EPEX) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.45 and 0.8 that was broken up at 0.28 transforming into a supporting line.

Stock Trading Conclusion:
Edge Petroleum Corporation (EPEX) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.450,.
Stock Support levels : 0.248, 0.247, 0.227, 0.210, 0.193, 0.140, 0.041,.