Today we will analyze the stock AF Financial Group Inc. (ASFE.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in AF Financial Group Inc. (ASFE.PK)
1- Last bearish trend was from 8.40 $ (9/24/2009) to 8.00 $ (12/4/2009) a 0.40 $ move 2- The current bullish trend started from 8.00 $ at 12/4/2009 and is currently trading at 10.50 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
AF Financial Group Inc. (ASFE.PK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 8.000 .
5- The Stock formed a 1.500 $ height triangle which was broken up at 8.100, target of the pattern is 9.600.
AF Financial Group Inc. (ASFE.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.500 and 11.450 that was broken up at 8.000 transforming into a supporting line.
AF Financial Group Inc. (ASFE.PK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AF Financial Group Inc. (ASFE.PK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 9.91, 9.55, 9.25, 8.95, 8.00, 7.79,.