Today we will analyze the stock ARGENTA OIL and GAS (ARGTF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in ARGENTA OIL and GAS (ARGTF.PK)
1- Last bearish trend was from 0.08 $ (11/5/2008) to 0.04 $ (11/13/2008) a 0.04 $ move 2- The current bullish trend started from 0.04 $ at 11/13/2008 and is currently trading at 0.05 $.
3- ARGTF.PK current support level is at 0.05 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
4- ARGTF.PK current resistance level is at 0.06 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ARGENTA OIL and GAS (ARGTF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.040 and 0.020 that was broken down at 0.050 transforming into a resistance line.
ARGENTA OIL and GAS (ARGTF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.040 and 0.020 that was broken down at 0.050 transforming into a resistance line.
ARGENTA OIL and GAS (ARGTF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.040 and 0.020 that was broken down at 0.050 transforming into a resistance line.

Stock Trading Conclusion:
ARGENTA OIL and GAS (ARGTF.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 : 0.052, 0.055, 0.060, 0.065, 0.080, 0.091, 0.105.
Stock Support levels : 0.049, 0.048, 0.046, 0.045, 0.044, 0.040,.