Today we will analyze the stock CHINA PHARMA GRP (CVG.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in CHINA PHARMA GRP (CVG.DE)
1- Last bearish trend was from 0.20 $ (1/26/2012) to 0.18 $ (2/2/2012) a 0.02 $ move 2- The current bullish trend started from 0.18 $ at 2/2/2012 and is currently trading at 0.20 $.
3- CVG.DE current support level is at 0.20 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- CVG.DE current resistance level is at 0.21 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CHINA PHARMA GRP (CVG.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.180 .
CHINA PHARMA GRP (CVG.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.180 and 0.170, and is currently supporting at 0.181.
CHINA PHARMA GRP (CVG.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.180 and 0.170, and is currently supporting at 0.181.

Stock Trading Conclusion:
CHINA PHARMA GRP (CVG.DE) was trading in a strong bullish 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 : 0.205, 0.212.
Stock Support levels : 0.195, 0.192, 0.190, 0.188, 0.185, 0.181, 0.180,.