Today we will analyze the stock PT MULTIMDIA SVC ADR (PTMUY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PT MULTIMDIA SVC ADR (PTMUY.PK)
1- Last bearish trend was from 14.00 $ (11/12/2007) to 12.75 $ (11/20/2007) a 1.25 $ move 2- The current bullish trend started from 12.75 $ at 11/20/2007 and is currently trading at 13.50 $.
3- PTMUY.PK current support level is at 13.38 which is the 50.00 % fibonacci retracement of the last 1.25 $ move.
4- PTMUY.PK current resistance level is at 13.52 which is the 61.80 % fibonacci retracement of the last 1.25 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PT MULTIMDIA SVC ADR (PTMUY.PK) Short term stock chart patterns for internet stock trading :

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PT MULTIMDIA SVC ADR (PTMUY.PK) Mid term stock chart patterns for internet stock trading :

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PT MULTIMDIA SVC ADR (PTMUY.PK) Long term stock chart patterns for internet stock trading :

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Stock Trading Conclusion:
PT MULTIMDIA SVC ADR (PTMUY.PK) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 13.52, 14.00, 14.34, 14.77.
Stock Support levels : 13.38, 13.32, 13.23, 13.21, 13.13, 13.05, 13.04, 12.75,.