Today we will analyze the stock PETROWORTH RES INC (PTWHF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PETROWORTH RES INC (PTWHF.PK)
1- Last bearish trend was from 0.03 $ (2/15/2012) to 0.02 $ (3/1/2012) a 0.01 $ move 2- The current bullish trend started from 0.02 $ at 3/1/2012 and is currently trading at 0.03 $.
3- PTWHF.PK current support level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- PTWHF.PK current resistance level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PETROWORTH RES INC (PTWHF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.060 $ height triangle which was broken up at 0.030 in higher than usual volume, target of the pattern is 0.090.
PETROWORTH RES INC (PTWHF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.060 $ height triangle which was broken up at 0.030 in higher than usual volume, target of the pattern is 0.090.
PETROWORTH RES INC (PTWHF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.060 $ height triangle which was broken up at 0.030 in higher than usual volume, target of the pattern is 0.090.

Stock Trading Conclusion:
PETROWORTH RES INC (PTWHF.PK) was trading in a strong 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 : 0.033, 0.036, 0.090,.
Stock Support levels : 0.028, 0.026, 0.025, 0.024, 0.022, 0.020, -0.015,.