Today we will analyze the stock POLAR STAR MINING CP (POSRF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in POLAR STAR MINING CP (POSRF.PK)
1- Last bullish trend was from 0.32 $ (12/5/2011) to 0.35 $ (12/30/2011) a 0.03 $ move 2- The current bearish trend started from 0.35 $ at 12/30/2011 and is currently trading at 0.28 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
POLAR STAR MINING CP (POSRF.PK) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.320 and 0.560,resistance between 0.350 and 0.600 which was broken up at 0.280.
POLAR STAR MINING CP (POSRF.PK) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.320 and 0.560,resistance between 0.350 and 0.600 which was broken up at 0.280.
POLAR STAR MINING CP (POSRF.PK) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.350 and 0.750 that was broken up at 0.280 transforming into a supporting line.

Stock Trading Conclusion:
POLAR STAR MINING CP (POSRF.PK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.297, 0.307, 0.315, 0.323, 0.350.
Stock Support levels : 0.253,.