Today we will analyze the stock RxElite Inc. (RXEI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in RxElite Inc. (RXEI.OB)
1- Last bullish trend was from 0.05 $ (11/17/2008) to 0.06 $ (11/18/2008) a 0.01 $ move 2- The current bearish trend started from 0.06 $ at 11/18/2008 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
RxElite Inc. (RXEI.OB) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.060 and 0.090 that was broken up at 0.010 transforming into a supporting line.
RxElite Inc. (RXEI.OB) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.060 and 0.090 that was broken up at 0.010 transforming into a supporting line.
RxElite Inc. (RXEI.OB) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.060 and 0.090 that was broken up at 0.010 transforming into a supporting line.

Stock Trading Conclusion:
RxElite Inc. (RXEI.OB) was trading in a bearish wave, which is becoming weaker .
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 : 0.022, 0.029, 0.035, 0.041, 0.060.
Stock Support levels : 0.004,.