Today we will analyze the stock KEYSTONE NORTH AMER (KNAJF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in KEYSTONE NORTH AMER (KNAJF.PK)
1- Last bearish trend was from 33.66 $ (3/18/2010) to 32.62 $ (4/1/2010) a 1.04 $ move 2- The current bullish trend started from 32.62 $ at 4/1/2010 and is currently trading at 34.13 $.
3- KNAJF.PK current support level is at 33.94 which is the 127.20 % fibonacci retracement of the last 1.04 $ move.
4- KNAJF.PK current resistance level is at 34.30 which is the 161.80 % fibonacci retracement of the last 1.04 $ 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.
6- Bearish Divergance in MACD Indicator .
KEYSTONE NORTH AMER (KNAJF.PK) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 32.620 and 31.700, and is currently supporting at 33.291.
KEYSTONE NORTH AMER (KNAJF.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 3.970 $ height triangle which was broken up at 32.220, target of the pattern is 36.190 which was broken down at 31.470, target of the pattern is 27.500.
KEYSTONE NORTH AMER (KNAJF.PK) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 29.500 and 26.820,resistance between 33.470 and 30.550 which was broken down at 34.130.

Stock Trading Conclusion:
KEYSTONE NORTH AMER (KNAJF.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 : 34.30, 34.55, 36.19, 41.49.
Stock Support levels : 33.94, 33.77, 33.66, 33.55, 33.38, 33.29, 33.26, 33.20, 33.14, 33.02, 32.87, 32.62, 29.64,.