Today we will analyze the stock CHINA PHARMA GRP (CVG.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in CHINA PHARMA GRP (CVG.MU)
1- Last bearish trend was from 0.19 $ (1/31/2012) to 0.18 $ (2/1/2012) a 0.01 $ move 2- The current bullish trend started from 0.18 $ at 2/1/2012 and is currently trading at 0.20 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CHINA PHARMA GRP (CVG.MU) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.180 .
5- The Stock formed Double Top Pattern at 0.190 that failed, and formed a support .
CHINA PHARMA GRP (CVG.MU) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.200 .
CHINA PHARMA GRP (CVG.MU) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.200 .

Stock Trading Conclusion:
CHINA PHARMA GRP (CVG.MU) was trading in a bullish 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 : .
Stock Support levels : 0.195, 0.192, 0.190, 0.188, 0.180,.