Today we will analyze the stock DNA BEVERAGE CORP (DNAB.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in DNA BEVERAGE CORP (DNAB.PK)
1- Last bullish trend was from 0.02 $ (11/14/2011) to 1.53 $ (11/25/2011) a 1.51 $ move 2- The current bearish trend started from 1.53 $ at 11/25/2011 and is currently trading at 0.51 $.
3- DNAB.PK current support level is at 0.02 which is the 100.00 % fibonacci retracement of the last 1.51 $ move.
4- DNAB.PK current resistance level is at 0.60 which is the 61.80 % fibonacci retracement of the last 1.51 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DNA BEVERAGE CORP (DNAB.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.020 .
7- The Stock formed a 1.680 $ height triangle.
DNA BEVERAGE CORP (DNAB.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.020 .
9- The Stock formed a 1.680 $ height triangle.
DNA BEVERAGE CORP (DNAB.PK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.020 .
11- The Stock formed a 1.680 $ height triangle.

Stock Trading Conclusion:
DNA BEVERAGE CORP (DNAB.PK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.597, 0.751, 0.775, 0.900, 0.953, 1.020, 1.140, 1.174, 1.530,.
Stock Support levels : 0.020, 0.020, -0.391,.