The exercise and rehabilitation device of the present invention includes a telescopic tube, having a first tube with upper and lower ends, and a second tube, having upper and lower ends, telescopically received in the upper end of the first tube. The lower end of the first tube has a base plate secured thereto by a joint which may be flexible or rigid. An open hand support may be secured to the upper end of the second tube by a flexible joint. A closed hand support may be secured to the upper end of the second tube by a double-ball mounting assembly. A forearm support may be secured to the upper end of the second tube by the double-ball mounting assembly.