Today we will analyze the stock HONG KONG and CHINA GA (HOKCY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in HONG KONG and CHINA GA (HOKCY.PK)
1- Last bullish trend was from 2.24 $ (1/13/2012) to 2.64 $ (4/20/2012) a 0.40 $ move 2- The current bearish trend started from 2.64 $ at 4/20/2012 and is currently trading at 2.53 $.
3- HOKCY.PK current support level is at 2.49 which is the 38.20 % fibonacci retracement of the last 0.40 $ move.
4- HOKCY.PK current resistance level is at 2.55 which is the 23.60 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HONG KONG and CHINA GA (HOKCY.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.240 and 2.180, and is currently supporting at 2.522.
HONG KONG and CHINA GA (HOKCY.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 2.110 .
8- The Stock formed a 0.260 $ height triangle which was broken up at 2.270 in higher than usual volume, target of the pattern is 2.530.
HONG KONG and CHINA GA (HOKCY.PK) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 2.110 .
10- The Stock formed a 0.260 $ height triangle which was broken up at 2.270 in higher than usual volume, target of the pattern is 2.530.

Stock Trading Conclusion:
HONG KONG and CHINA GA (HOKCY.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 : 2.55, 2.56, 2.57, 2.59, 2.60, 2.64,.
Stock Support levels : 2.52, 2.49, 2.44, 2.39, 2.24, 2.19, 2.13, 2.11,.