Today we will analyze the stock MOUNTAIN BOY MINERAL (MBYMF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in MOUNTAIN BOY MINERAL (MBYMF.PK)
1- Last bearish trend was from 0.10 $ (4/26/2012) to 0.08 $ (4/30/2012) a 0.02 $ move 2- The current bullish trend started from 0.08 $ at 4/30/2012 and is currently trading at 0.10 $.
3- MBYMF.PK current support level is at 0.10 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- MBYMF.PK current resistance level is at 0.11 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
MOUNTAIN BOY MINERAL (MBYMF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.100 .
7- The Stock formed a 0.030 $ height triangle.
MOUNTAIN BOY MINERAL (MBYMF.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.100 .
9- The Stock formed a 0.030 $ height triangle.
MOUNTAIN BOY MINERAL (MBYMF.PK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.100 .
11- The Stock formed a 0.030 $ height triangle.

Stock Trading Conclusion:
MOUNTAIN BOY MINERAL (MBYMF.PK) was trading in a bearish wave, which is becoming weaker .
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 : 0.105, 0.112.
Stock Support levels : 0.095, 0.092, 0.090, 0.088, 0.085, 0.080,.