Today we will analyze the stock AMTRUST FINANCIAL CO (AFNL.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in AMTRUST FINANCIAL CO (AFNL.PK)
1- Last bullish trend was from 5.36 $ (2/8/2012) to 10.01 $ (2/10/2012) a 4.65 $ move 2- The current bearish trend started from 10.01 $ at 2/10/2012 and is currently trading at 5.38 $.
3- AFNL.PK current support level is at 5.36 which is the 100.00 % fibonacci retracement of the last 4.65 $ move.
4- AFNL.PK current resistance level is at 7.14 which is the 61.80 % fibonacci retracement of the last 4.65 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
AMTRUST FINANCIAL CO (AFNL.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 5.360 and 5.000 that was broken down at 5.360 transforming into a resistance line.
AMTRUST FINANCIAL CO (AFNL.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 5.360 and 5.000 that was broken down at 5.360 transforming into a resistance line.
AMTRUST FINANCIAL CO (AFNL.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.360 and 5.000 that was broken down at 5.360 transforming into a resistance line.

Stock Trading Conclusion:
AMTRUST FINANCIAL CO (AFNL.PK) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 5.91, 6.47, 7.14, 7.15, 7.69, 7.70, 8.23, 8.24, 8.91, 10.01,.
Stock Support levels : 5.36, 4.10,.