Today we will analyze the stock REGI US INC (RGUS.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in REGI US INC (RGUS.OB)
1- Last bearish trend was from 0.17 $ (4/4/2012) to 0.15 $ (4/19/2012) a 0.02 $ move 2- The current bullish trend started from 0.15 $ at 4/19/2012 and is currently trading at 0.17 $.
3- RGUS.OB current support level is at 0.17 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- RGUS.OB current resistance level is at 0.18 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.
REGI US INC (RGUS.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.170 .
REGI US INC (RGUS.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.170 .
8- The Stock formed a 0.050 $ height triangle which was broken down at 0.170, target of the pattern is 0.120.
REGI US INC (RGUS.OB) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 0.170 .
10- The Stock formed a 0.050 $ height triangle which was broken down at 0.170, target of the pattern is 0.120.

Stock Trading Conclusion:
REGI US INC (RGUS.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.171, 0.175, 0.182.
Stock Support levels : 0.165, 0.162, 0.160, 0.158, 0.155, 0.150, 0.120,.