Today we will analyze the stock CELEXPRESS INC (CELX.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in CELEXPRESS INC (CELX.PK)
1- Last bullish trend was from 0.08 $ (10/1/2008) to 0.15 $ (10/3/2008) a 0.07 $ move 2- The current bearish trend started from 0.15 $ at 10/3/2008 and is currently trading at 0.04 $.
3- CELX.PK current support level is at 0.04 which is the 161.80 % fibonacci retracement of the last 0.07 $ move.
4- CELX.PK current resistance level is at 0.06 which is the 127.20 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CELEXPRESS INC (CELX.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.150 .
7- The Stock formed a 0.120 $ height triangle which was broken down at 0.040, target of the pattern is -0.080.
CELEXPRESS INC (CELX.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.150 .
9- The Stock formed a 0.120 $ height triangle which was broken down at 0.040, target of the pattern is -0.080.
CELEXPRESS INC (CELX.PK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.150 .
11- The Stock formed a 0.120 $ height triangle which was broken down at 0.040, target of the pattern is -0.080.

Stock Trading Conclusion:
CELEXPRESS INC (CELX.PK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.061, 0.066, 0.080, 0.082, 0.095, 0.107, 0.108, 0.115, 0.123, 0.133, 0.150, 0.150,.
Stock Support levels : 0.037, -0.080,.