Today we will analyze the stock PRIMARIS REAL EST TR (PMZFF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PRIMARIS REAL EST TR (PMZFF.PK)
1- Last bullish trend was from 21.35 $ (3/30/2012) to 23.67 $ (5/2/2012) a 2.32 $ move 2- The current bearish trend started from 23.67 $ at 5/2/2012 and is currently trading at 22.80 $.
3- PMZFF.PK current support level is at 22.78 which is the 38.20 % fibonacci retracement of the last 2.32 $ move.
4- PMZFF.PK current resistance level is at 23.12 which is the 23.60 % fibonacci retracement of the last 2.32 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PRIMARIS REAL EST TR (PMZFF.PK) Short term stock chart patterns for internet stock trading :

None.
PRIMARIS REAL EST TR (PMZFF.PK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 2.830 $ height triangle which was broken up at 20.140, target of the pattern is 22.970.
PRIMARIS REAL EST TR (PMZFF.PK) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 21.500 and 23.020 that was broken up at 19.540 transforming into a supporting line.

Stock Trading Conclusion:
PRIMARIS REAL EST TR (PMZFF.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 : 22.97, 23.01, 23.12, 23.13, 23.24, 23.34, 23.67,.
Stock Support levels : 22.78, 22.51, 22.24, 21.35, 20.72, 19.92, 18.20,.