Today we will analyze the stock PTV INC 10 PFD (PTVIP.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PTV INC 10 PFD (PTVIP.PK)
1- Last bullish trend was from 0.08 $ (7/16/2010) to 0.50 $ (7/28/2010) a 0.42 $ move 2- The current bearish trend started from 0.50 $ at 7/28/2010 and is currently trading at 0.09 $.
3- PTVIP.PK current support level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.42 $ move.
4- PTVIP.PK current resistance level is at 0.24 which is the 61.80 % fibonacci retracement of the last 0.42 $ move.
5- 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.
PTV INC 10 PFD (PTVIP.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.080 .
PTV INC 10 PFD (PTVIP.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.080 .
PTV INC 10 PFD (PTVIP.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.080 .

Stock Trading Conclusion:
PTV INC 10 PFD (PTVIP.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 : 0.187, 0.240, 0.247, 0.290, 0.295, 0.340, 0.343, 0.401, 0.500,.
Stock Support levels : 0.080, 0.080, -0.034,.