Today we will analyze the stock CONS GOLDFIELDS CORP (CDGF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in CONS GOLDFIELDS CORP (CDGF.PK)
1- Last bearish trend was from 0.14 $ (1/27/2012) to 0.12 $ (1/31/2012) a 0.02 $ move 2- The current bullish trend started from 0.12 $ at 1/31/2012 and is currently trading at 0.14 $.
3- CDGF.PK current support level is at 0.14 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- CDGF.PK current resistance level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.02 $ 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.
CONS GOLDFIELDS CORP (CDGF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.120 .
7- The Stock formed a 0.050 $ height triangle which was broken up at 0.140 in higher than usual volume, target of the pattern is 0.190.
CONS GOLDFIELDS CORP (CDGF.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.120 .
9- The Stock formed a 0.050 $ height triangle which was broken up at 0.140 in higher than usual volume, target of the pattern is 0.190.
CONS GOLDFIELDS CORP (CDGF.PK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.120 .
11- The Stock formed a 0.050 $ height triangle which was broken up at 0.140 in higher than usual volume, target of the pattern is 0.190.

Stock Trading Conclusion:
CONS GOLDFIELDS CORP (CDGF.PK) was trading in a strong bearish 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 : 0.145, 0.152, 0.170, 0.190,.
Stock Support levels : 0.136, 0.135, 0.132, 0.130, 0.128, 0.125, 0.120,.