Today we will analyze the stock CASH MINERALS LTD (CHXMF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in CASH MINERALS LTD (CHXMF.PK)
1- Last bearish trend was from 0.15 $ (1/20/2012) to 0.12 $ (2/1/2012) a 0.03 $ move 2- The current bullish trend started from 0.12 $ at 2/1/2012 and is currently trading at 0.13 $.
3- CHXMF.PK current support level is at 0.13 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
4- CHXMF.PK current resistance level is at 0.13 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CASH MINERALS LTD (CHXMF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.120 .
CASH MINERALS LTD (CHXMF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.120 .
CASH MINERALS LTD (CHXMF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.120 and 0.110, and is currently supporting at 0.126.

Stock Trading Conclusion:
CASH MINERALS LTD (CHXMF.PK) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.131, 0.135, 0.139, 0.140, 0.150, 0.158, 0.169.
Stock Support levels : 0.128, 0.127, 0.126, 0.126, 0.125, 0.124, 0.120,.