Today we will analyze the stock EROMANGA HYDROCARBON (ERHYF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in EROMANGA HYDROCARBON (ERHYF.PK)
1- Last bullish trend was from 0.01 $ (11/23/2011) to 0.03 $ (12/14/2011) a 0.02 $ move 2- The current bearish trend started from 0.03 $ at 12/14/2011 and is currently trading at 0.02 $.
3- ERHYF.PK current support level is at 0.02 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- ERHYF.PK current resistance level is at 0.02 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EROMANGA HYDROCARBON (ERHYF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.030 $.

EROMANGA HYDROCARBON (ERHYF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.030 $.

EROMANGA HYDROCARBON (ERHYF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.030 $.


Stock Trading Conclusion:
EROMANGA HYDROCARBON (ERHYF.PK) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.022, 0.024, 0.025, 0.025, 0.026, 0.030,.
Stock Support levels : 0.018, 0.010, 0.005,.