Today we will analyze the stock DAY4 ENERGY INC (DYNGF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in DAY4 ENERGY INC (DYNGF.PK)
1- Last bullish trend was from 0.53 $ (12/21/2010) to 0.60 $ (1/5/2011) a 0.07 $ move 2- The current bearish trend started from 0.60 $ at 1/5/2011 and is currently trading at 0.01 $.
3- 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.
DAY4 ENERGY INC (DYNGF.PK) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.650 that was broken up at 0.090 transforming into a supporting line.
DAY4 ENERGY INC (DYNGF.PK) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.650 that was broken up at 0.090 transforming into a supporting line.
DAY4 ENERGY INC (DYNGF.PK) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.650 that was broken up at 0.090 transforming into a supporting line.

Stock Trading Conclusion:
DAY4 ENERGY INC (DYNGF.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 : 0.149, 0.235, 0.305, 0.375, 0.600.
Stock Support levels : -0.168,.