Today we will analyze the stock Zynex (ZYXI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Zynex (ZYXI.OB)
1- Last bullish trend was from 0.70 $ (5/2/2012) to 0.75 $ (5/7/2012) a 0.05 $ move 2- The current bearish trend started from 0.75 $ at 5/7/2012 and is currently trading at 0.70 $.
3- ZYXI.OB current support level is at 0.69 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
4- ZYXI.OB current resistance level is at 0.70 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Zynex (ZYXI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.750 .
7- The Stock formed a 0.120 $ height triangle which was broken down at 0.700, target of the pattern is 0.580.
Zynex (ZYXI.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.750 .
9- The Stock formed a 0.130 $ height triangle which was broken down at 0.700, target of the pattern is 0.570.
Zynex (ZYXI.OB) Long term stock chart patterns for internet stock trading :

10- The Stock was resisted by a resistance line, identified by two points: 0.830 and 0.840, and is currently resisting at 0.768.

Stock Trading Conclusion:
Zynex (ZYXI.OB) was trading in a 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 : 0.712, 0.719, 0.725, 0.725, 0.731, 0.736, 0.738, 0.750, 0.768, 0.770.
Stock Support levels : 0.686, 0.669, 0.580,.