Today we will analyze the stock Auriga Laboratories Inc. (ARGA.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in Auriga Laboratories Inc. (ARGA.PK)
1- Last bullish trend was from 0.03 $ (2/20/2008) to 0.05 $ (3/10/2008) a 0.02 $ move 2- The current bearish trend started from 0.05 $ at 3/10/2008 and is currently trading at 0.03 $.
3- ARGA.PK current support level is at 0.02 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- ARGA.PK current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Auriga Laboratories Inc. (ARGA.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.050 .
Auriga Laboratories Inc. (ARGA.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.050 .
Auriga Laboratories Inc. (ARGA.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.050 .

Stock Trading Conclusion:
Auriga Laboratories Inc. (ARGA.PK) was trading in a bearish wave, which is becoming weaker .
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 : 0.035, 0.038, 0.038, 0.040, 0.042, 0.045, 0.050, 0.050.
Stock Support levels : 0.025,.