Today we will analyze the stock DONGFENG MOTOR GRP (DNFGF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in DONGFENG MOTOR GRP (DNFGF.PK)
1- Last bullish trend was from 1.87 $ (4/25/2012) to 1.94 $ (5/2/2012) a 0.07 $ move 2- The current bearish trend started from 1.94 $ at 5/2/2012 and is currently trading at 1.77 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DONGFENG MOTOR GRP (DNFGF.PK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 1.940 .
5- The Stock formed a 0.260 $ height triangle which was broken down at 1.850 in higher than usual volume, target of the pattern is 1.590.
DONGFENG MOTOR GRP (DNFGF.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 0.330 $ height triangle.
DONGFENG MOTOR GRP (DNFGF.PK) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1.680 and 1.410,resistance between 2.000 and 1.750 which was broken down at 1.770.

Stock Trading Conclusion:
DONGFENG MOTOR GRP (DNFGF.PK) was trading in a 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 : 1.78, 1.81, 1.83, 1.86, 1.88, 1.94, 1.97.
Stock Support levels :.