Today we will analyze the stock BIOPROGRESS PLC (BPRGY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in BIOPROGRESS PLC (BPRGY.PK)
1- Last bearish trend was from 11.00 $ (9/17/2007) to 9.30 $ (10/3/2007) a 1.70 $ move 2- The current bullish trend started from 9.30 $ at 10/3/2007 and is currently trading at 9.65 $.
3- BPRGY.PK current support level is at 9.30 which is the 0.00 % fibonacci retracement of the last 1.70 $ move.
4- BPRGY.PK current resistance level is at 9.70 which is the 23.60 % fibonacci retracement of the last 1.70 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
BIOPROGRESS PLC (BPRGY.PK) Short term stock chart patterns for internet stock trading :

None.
BIOPROGRESS PLC (BPRGY.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 11.000 .
7- The Stock formed a 2.900 $ height triangle which was broken down at 10.150 in higher than usual volume, target of the pattern is 7.250.
BIOPROGRESS PLC (BPRGY.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 11.000 .
9- The Stock formed a 2.900 $ height triangle which was broken down at 10.150 in higher than usual volume, target of the pattern is 7.250.

Stock Trading Conclusion:
BIOPROGRESS PLC (BPRGY.PK) was trading in a bearish wave, which is becoming stronger .
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 : 9.70, 9.95, 10.15, 10.35, 11.00, 11.05, 11.46, 12.05, 14.59,.
Stock Support levels : 9.57, 9.52, 9.48, 9.43, 9.30, 7.25,.