Today we will analyze the stock AXIS CAP HLDGS PFD B (AXPHF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in AXIS CAP HLDGS PFD B (AXPHF.PK)
1- Last bearish trend was from 98.02 $ (1/3/2012) to 92.43 $ (2/2/2012) a 5.59 $ move 2- The current bullish trend started from 92.43 $ at 2/2/2012 and is currently trading at 100.00 $.
3- AXPHF.PK current support level is at 99.54 which is the 127.20 % fibonacci retracement of the last 5.59 $ move.
4- AXPHF.PK current resistance level is at 101.47 which is the 161.80 % fibonacci retracement of the last 5.59 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
AXIS CAP HLDGS PFD B (AXPHF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 92.430 and 90.830, and is currently supporting at 93.859.
AXIS CAP HLDGS PFD B (AXPHF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 90.500 and 83.200, and is currently supporting at 96.133.
AXIS CAP HLDGS PFD B (AXPHF.PK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AXIS CAP HLDGS PFD B (AXPHF.PK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 101.47.
Stock Support levels : 99.54, 98.21, 98.02, 97.11, 96.21, 96.13, 95.88, 95.32, 95.22, 94.57, 93.86, 93.75, 92.43,.