Today we will analyze the stock FIRSTPLUS Financial Group Inc. (FPFX.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in FIRSTPLUS Financial Group Inc. (FPFX.PK)
1- Last bullish trend was from 0.03 $ (1/4/2012) to 0.04 $ (1/10/2012) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 1/10/2012 and is currently trading at 0.03 $.
3- FPFX.PK current support level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- FPFX.PK current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
FIRSTPLUS Financial Group Inc. (FPFX.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.040 .
7- The Stock formed a 0.020 $ height triangle which was broken down at 0.030, target of the pattern is 0.010.
FIRSTPLUS Financial Group Inc. (FPFX.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.040 .
9- The Stock formed a 0.020 $ height triangle which was broken down at 0.030, target of the pattern is 0.010.
FIRSTPLUS Financial Group Inc. (FPFX.PK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.040 .
11- The Stock formed a 0.020 $ height triangle which was broken down at 0.030, target of the pattern is 0.010.

Stock Trading Conclusion:
FIRSTPLUS Financial Group Inc. (FPFX.PK) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040, 0.057,.
Stock Support levels : 0.027, 0.024, 0.010,.