Today we will analyze the stock GOLDEN ARROW RES (GARWF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in GOLDEN ARROW RES (GARWF.PK)
1- Last bullish trend was from 0.27 $ (2/28/2012) to 0.31 $ (4/4/2012) a 0.04 $ move 2- The current bearish trend started from 0.31 $ at 4/4/2012 and is currently trading at 0.30 $.
3- GARWF.PK current support level is at 0.29 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
4- GARWF.PK current resistance level is at 0.30 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
GOLDEN ARROW RES (GARWF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.270 and 0.260,resistance between 0.310 and 0.290, the stock channel is currently supported from below by 0.295 and resisted from above by 0.322.
GOLDEN ARROW RES (GARWF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.270 and 0.260, and is currently supporting at 0.295.
GOLDEN ARROW RES (GARWF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.340 and 0.380 that was broken up at 0.280 transforming into a supporting line.

Stock Trading Conclusion:
GOLDEN ARROW RES (GARWF.PK) was trading in a bullish 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 : 0.301, 0.302, 0.304, 0.305, 0.306, 0.310,.
Stock Support levels : 0.295, 0.295, 0.290, 0.285, 0.270, 0.259, 0.245,.