Today we will analyze the stock PILOT BANCSHARES INC (PLBN.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PILOT BANCSHARES INC (PLBN.PK)
1- Last bullish trend was from 1.25 $ (12/23/2011) to 2.00 $ (2/29/2012) a 0.75 $ move 2- The current bearish trend started from 2.00 $ at 2/29/2012 and is currently trading at 1.88 $.
3- PLBN.PK current support level is at 1.82 which is the 23.60 % fibonacci retracement of the last 0.75 $ move.
4- PLBN.PK current resistance level is at 2.00 which is the 0.00 % fibonacci retracement of the last 0.75 $ 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.
PILOT BANCSHARES INC (PLBN.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.000 .
PILOT BANCSHARES INC (PLBN.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 2.000 .
PILOT BANCSHARES INC (PLBN.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.000 and 2.150 that was broken up at 1.900 transforming into a supporting line.

Stock Trading Conclusion:
PILOT BANCSHARES INC (PLBN.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 : 1.91, 1.93, 1.94, 1.95, 2.00,.
Stock Support levels : 1.84, 1.82, 1.71, 1.63, 1.54, 1.25, 1.05,.