Today we will analyze the stock EAGLE ROCK ENTERPRIS (EREI.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in EAGLE ROCK ENTERPRIS (EREI.PK)
1- Last bullish trend was from 0.03 $ (1/12/2009) to 0.04 $ (1/13/2009) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 1/13/2009 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EAGLE ROCK ENTERPRIS (EREI.PK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060 that was broken up at 0.030 transforming into a supporting line.
EAGLE ROCK ENTERPRIS (EREI.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060 that was broken up at 0.030 transforming into a supporting line.
EAGLE ROCK ENTERPRIS (EREI.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060 that was broken up at 0.030 transforming into a supporting line.

Stock Trading Conclusion:
EAGLE ROCK ENTERPRIS (EREI.PK) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.017, 0.021, 0.025, 0.029, 0.030, 0.040.
Stock Support levels : -0.020,.