Today we will analyze the stock PACIFICNET (CV7A.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PACIFICNET (CV7A.F)
1- Last bearish trend was from 0.88 $ (4/14/2008) to 0.72 $ (4/24/2008) a 0.16 $ move 2- The current bullish trend started from 0.72 $ at 4/24/2008 and is currently trading at 0.80 $.
3- CV7A.F current support level is at 0.80 which is the 50.00 % fibonacci retracement of the last 0.16 $ move.
4- CV7A.F current resistance level is at 0.82 which is the 61.80 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PACIFICNET (CV7A.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.720 and 0.850,resistance between 0.880 and 0.920 which was broken up at 0.800 in higher than usual volume.
PACIFICNET (CV7A.F) Mid term stock chart patterns for internet stock trading :

None.
PACIFICNET (CV7A.F) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PACIFICNET (CV7A.F) 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 : 0.819, 0.880, 0.924, 0.979.
Stock Support levels : 0.781, 0.769, 0.760, 0.758, 0.751, 0.720,.