Today we will analyze the stock NexHorizon Communications (NXHZ.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in NexHorizon Communications (NXHZ.OB)
1- Last bearish trend was from 0.09 $ (8/13/2008) to 0.04 $ (8/15/2008) a 0.05 $ move 2- The current bullish trend started from 0.04 $ at 8/15/2008 and is currently trading at 0.08 $.
3- NXHZ.OB current support level is at 0.07 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
4- NXHZ.OB current resistance level is at 0.09 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
NexHorizon Communications (NXHZ.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.090 and 0.100, and is currently resisting at 0.088.
NexHorizon Communications (NXHZ.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.090 and 0.100, and is currently resisting at 0.088.
NexHorizon Communications (NXHZ.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.090 and 0.100, and is currently resisting at 0.088.

Stock Trading Conclusion:
NexHorizon Communications (NXHZ.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 : 0.088, 0.090, 0.100, 0.104, 0.121.
Stock Support levels : 0.071, 0.071, 0.065, 0.065, 0.060, 0.059, 0.055, 0.052, 0.040,.