Today we will analyze the stock EXIQON AS (EXQNF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in EXIQON AS (EXQNF.PK)
1- Last bearish trend was from 1.75 $ (12/20/2011) to 1.51 $ (3/20/2012) a 0.24 $ move 2- The current bullish trend started from 1.51 $ at 3/20/2012 and is currently trading at 2.25 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
EXIQON AS (EXQNF.PK) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 1.750 and 2.530 that was broken up at 1.510 transforming into a supporting line.
EXIQON AS (EXQNF.PK) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 1.750 and 2.530 that was broken up at 1.510 transforming into a supporting line.
EXIQON AS (EXQNF.PK) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.530 and 2.600, and is currently resisting at 2.417.

Stock Trading Conclusion:
EXIQON AS (EXQNF.PK) was trading in a strong bullish wave, which is becoming stronger .
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 : 2.42.
Stock Support levels : 2.08, 1.97, 1.88, 1.79, 1.51, 0.97,.