Today we will analyze the stock EDEN ENERGY CORP (EDNE.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in EDEN ENERGY CORP (EDNE.OB)
1- Last bullish trend was from 0.03 $ (12/28/2011) to 0.22 $ (1/3/2012) a 0.19 $ move 2- The current bearish trend started from 0.22 $ at 1/3/2012 and is currently trading at 0.03 $.
3- EDNE.OB current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
4- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EDEN ENERGY CORP (EDNE.OB) Short term stock chart patterns for internet stock trading :

None.
EDEN ENERGY CORP (EDNE.OB) Mid term stock chart patterns for internet stock trading :

None.
EDEN ENERGY CORP (EDNE.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
EDEN ENERGY CORP (EDNE.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.030, 0.075, 0.103, 0.125, 0.147, 0.175, 0.220,.
Stock Support levels : -0.022,.