Today we will analyze the stock CYBERHAND TECH NEW (CYHA.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in CYBERHAND TECH NEW (CYHA.PK)
1- Last bullish trend was from 0.01 $ (6/6/2008) to 0.08 $ (6/12/2008) a 0.07 $ move 2- The current bearish trend started from 0.08 $ at 6/12/2008 and is currently trading at 0.04 $.
3- CYHA.PK current support level is at 0.04 which is the 61.80 % fibonacci retracement of the last 0.07 $ move.
4- CYHA.PK current resistance level is at 0.04 which is the 50.00 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
CYBERHAND TECH NEW (CYHA.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
CYBERHAND TECH NEW (CYHA.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
CYBERHAND TECH NEW (CYHA.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .

Stock Trading Conclusion:
CYBERHAND TECH NEW (CYHA.PK) was trading in a strong bullish 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 : 0.045, 0.049, 0.053, 0.055, 0.060, 0.063, 0.065, 0.080,.
Stock Support levels : 0.037, 0.010, 0.010, -0.009,.