Today we will analyze the stock LONGWEI PETROLEUM (LPIH.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in LONGWEI PETROLEUM (LPIH.OB)
1- Last bearish trend was from 0.11 $ (2/20/2014) to 0.09 $ (3/7/2014) a 0.02 $ move 2- The current bullish trend started from 0.09 $ at 3/7/2014 and is currently trading at 0.11 $.
3- LPIH.OB current support level is at 0.11 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- LPIH.OB current resistance level is at 0.12 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
LONGWEI PETROLEUM (LPIH.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.090 and 0.080, and is currently supporting at 0.090.
LONGWEI PETROLEUM (LPIH.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.090 and 0.080, and is currently supporting at 0.090.
LONGWEI PETROLEUM (LPIH.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.090 and 0.080, and is currently supporting at 0.090.

Stock Trading Conclusion:
LONGWEI PETROLEUM (LPIH.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.115, 0.122.
Stock Support levels : 0.105, 0.102, 0.100, 0.098, 0.095, 0.090, 0.090,.