Today we will analyze the stock CHINA PHARMA GRP (CVG.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CHINA PHARMA GRP (CVG.F)
1- Last bearish trend was from 0.73 $ (3/5/2014) to 0.68 $ (3/6/2014) a 0.05 $ move 2- The current bullish trend started from 0.68 $ at 3/6/2014 and is currently trading at 0.73 $.
3- CVG.F current support level is at 0.73 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- CVG.F current resistance level is at 0.74 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
CHINA PHARMA GRP (CVG.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.680 and 0.550,resistance between 0.730 and 0.610, the stock channel is currently supported from below by 0.692 and resisted from above by 0.747.
CHINA PHARMA GRP (CVG.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.680 and 0.550, and is currently supporting at 0.692.
CHINA PHARMA GRP (CVG.F) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.550 and 0.350, and is currently supporting at 0.597.

Stock Trading Conclusion:
CHINA PHARMA GRP (CVG.F) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.744, 0.761.
Stock Support levels : 0.718, 0.711, 0.705, 0.699, 0.692, 0.692, 0.680, 0.610,.