Today we will analyze the stock FIRST PURSUIT VNTRS (FPVTF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in FIRST PURSUIT VNTRS (FPVTF.PK)
1- Last bearish trend was from 0.23 $ (12/12/2011) to 0.07 $ (12/22/2011) a 0.16 $ move 2- The current bullish trend started from 0.07 $ at 12/22/2011 and is currently trading at 0.13 $.
3- FPVTF.PK current support level is at 0.11 which is the 23.60 % fibonacci retracement of the last 0.16 $ move.
4- FPVTF.PK current resistance level is at 0.13 which is the 38.20 % fibonacci retracement of the last 0.16 $ move.
5- 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.
FIRST PURSUIT VNTRS (FPVTF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.230 .
FIRST PURSUIT VNTRS (FPVTF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.230 .
FIRST PURSUIT VNTRS (FPVTF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.230 .

Stock Trading Conclusion:
FIRST PURSUIT VNTRS (FPVTF.PK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.131, 0.150, 0.169, 0.230, 0.230, 0.274, 0.329.
Stock Support levels : 0.116, 0.108, 0.107, 0.100, 0.093, 0.070,.