Today we will analyze the stock Edgewater Foods International (EDWT.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Edgewater Foods International (EDWT.OB)
1- Last bearish trend was from 0.19 $ (6/3/2009) to 0.16 $ (6/18/2009) a 0.03 $ move 2- The current bullish trend started from 0.16 $ at 6/18/2009 and is currently trading at 0.21 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Edgewater Foods International (EDWT.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.220 that was broken up at 0.160 transforming into a supporting line.
Edgewater Foods International (EDWT.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.220 and 0.230 that was broken up at 0.210 transforming into a supporting line.
Edgewater Foods International (EDWT.OB) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.220 and 0.230 that was broken up at 0.210 transforming into a supporting line.

Stock Trading Conclusion:
Edgewater Foods International (EDWT.OB) was trading in a bullish 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 : 0.230.
Stock Support levels : 0.198, 0.191, 0.185, 0.179, 0.175, 0.160,.