Today we will analyze the stock CHINA PHARMA HLDGS (CPHI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CHINA PHARMA HLDGS (CPHI.OB)
1- Last bullish trend was from 0.75 $ (1/23/2012) to 0.79 $ (1/27/2012) a 0.04 $ move 2- The current bearish trend started from 0.79 $ at 1/27/2012 and is currently trading at 0.74 $.
3- CPHI.OB current support level is at 0.74 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- CPHI.OB current resistance level is at 0.75 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CHINA PHARMA HLDGS (CPHI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.790 and 0.800, and is currently resisting at 0.784.
CHINA PHARMA HLDGS (CPHI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.670 and 0.770,resistance between 0.820 and 0.900, the stock channel is currently supported from below by 0.609 and resisted from above by 0.774.
CHINA PHARMA HLDGS (CPHI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.670 and 0.770,resistance between 0.820 and 0.900, the stock channel is currently supported from below by 0.609 and resisted from above by 0.774.

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

Stock Resistance Levels : 0.750, 0.752, 0.759, 0.765, 0.765, 0.770, 0.771, 0.775, 0.781, 0.784, 0.790,.
Stock Support levels : 0.739,.