Today we will analyze the stock CHINA DU KANG CO LTD (CDKG.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in CHINA DU KANG CO LTD (CDKG.PK)
1- Last bullish trend was from 0.06 $ (2/22/2010) to 0.16 $ (5/21/2010) a 0.10 $ move 2- The current bearish trend started from 0.16 $ at 5/21/2010 and is currently trading at 0.14 $.
3- CDKG.PK current support level is at 0.14 which is the 23.60 % fibonacci retracement of the last 0.10 $ move.
4- CDKG.PK current resistance level is at 0.16 which is the 0.00 % fibonacci retracement of the last 0.10 $ 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.
CHINA DU KANG CO LTD (CDKG.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.060 and 0.020 that was broken down at 0.080 transforming into a resistance line.
CHINA DU KANG CO LTD (CDKG.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.060 and 0.020 that was broken down at 0.080 transforming into a resistance line.
CHINA DU KANG CO LTD (CDKG.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.060 and 0.020 that was broken down at 0.080 transforming into a resistance line.

Stock Trading Conclusion:
CHINA DU KANG CO LTD (CDKG.PK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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, 0.148, 0.150, 0.152, 0.160, 0.940,.
Stock Support levels : 0.136, 0.122, 0.110, 0.098, 0.060, 0.033,.