Today we will analyze the stock Penn Treaty American Corp. (PTYA.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in Penn Treaty American Corp. (PTYA.PK)
1- Last bearish trend was from 0.40 $ (5/3/2012) to 0.30 $ (5/4/2012) a 0.10 $ move 2- The current bullish trend started from 0.30 $ at 5/4/2012 and is currently trading at 0.42 $.
3- PTYA.PK current support level is at 0.40 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
4- PTYA.PK current resistance level is at 0.43 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
Penn Treaty American Corp. (PTYA.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.300 and 0.150, and is currently supporting at 0.390.
Penn Treaty American Corp. (PTYA.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.300 and 0.150, and is currently supporting at 0.390.
Penn Treaty American Corp. (PTYA.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.300 and 0.150, and is currently supporting at 0.390.

Stock Trading Conclusion:
Penn Treaty American Corp. (PTYA.PK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.427, 0.462.
Stock Support levels : 0.400, 0.392, 0.390, 0.374, 0.362, 0.360, 0.350, 0.346, 0.338, 0.324, 0.300,.