Today we will analyze the stock NORTHERN EXPLORATION (NXPN.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in NORTHERN EXPLORATION (NXPN.OB)
1- Last bullish trend was from 1.05 $ (1/10/2011) to 1.16 $ (1/12/2011) a 0.11 $ move 2- The current bearish trend started from 1.16 $ at 1/12/2011 and is currently trading at 1.02 $.
3- NXPN.OB current support level is at 0.98 which is the 161.80 % fibonacci retracement of the last 0.11 $ move.
4- NXPN.OB current resistance level is at 1.02 which is the 127.20 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
NORTHERN EXPLORATION (NXPN.OB) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1.050 that failed and formed a resistance.
NORTHERN EXPLORATION (NXPN.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.050 and 0.900 that was broken down at 1.040 transforming into a resistance line.
NORTHERN EXPLORATION (NXPN.OB) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.900 and 0.770 that was broken down at 1.090 transforming into a resistance line.

Stock Trading Conclusion:
NORTHERN EXPLORATION (NXPN.OB) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.02, 1.05, 1.05, 1.07, 1.09, 1.09, 1.11, 1.11, 1.12, 1.13, 1.16, 1.16, 1.36.
Stock Support levels : 0.98,.