Today we will analyze the stock DAY SOFTWARE HOLDING (DYIHY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in DAY SOFTWARE HOLDING (DYIHY.PK)
1- Last bearish trend was from 28.45 $ (11/26/2010) to 27.00 $ (12/3/2010) a 1.45 $ move 2- The current bullish trend started from 27.00 $ at 12/3/2010 and is currently trading at 29.65 $.
3- According to ADX Indicator, the trend is currently strong bullish,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.
DAY SOFTWARE HOLDING (DYIHY.PK) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bullish stock channel identifed by support at 27.000 and 13.400,resistance between 28.450 and 15.800 which was broken down at 28.850.
DAY SOFTWARE HOLDING (DYIHY.PK) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 13.400 and 7.500 that was broken down at 29.650 transforming into a resistance line.
DAY SOFTWARE HOLDING (DYIHY.PK) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 13.400 and 7.500 that was broken down at 29.650 transforming into a resistance line.

Stock Trading Conclusion:
DAY SOFTWARE HOLDING (DYIHY.PK) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 30.67, 51.27.
Stock Support levels : 29.02, 28.64, 28.33, 28.01,.