Today we will analyze the stock Regency Affiliates Inc. (RAFI.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in Regency Affiliates Inc. (RAFI.PK)
1- Last bearish trend was from 6.11 $ (4/5/2012) to 5.50 $ (4/24/2012) a 0.61 $ move 2- The current bullish trend started from 5.50 $ at 4/24/2012 and is currently trading at 6.00 $.
3- RAFI.PK current support level is at 5.88 which is the 61.80 % fibonacci retracement of the last 0.61 $ move.
4- RAFI.PK current resistance level is at 6.11 which is the 100.00 % fibonacci retracement of the last 0.61 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Regency Affiliates Inc. (RAFI.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 5.500 .
Regency Affiliates Inc. (RAFI.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 5.500 .
Regency Affiliates Inc. (RAFI.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.500 and 5.200, and is currently supporting at 5.573.

Stock Trading Conclusion:
Regency Affiliates Inc. (RAFI.PK) was trading in a strong bullish wave, which is becoming weaker .
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 : 6.11, 6.28, 6.49.
Stock Support levels : 5.88, 5.88, 5.81, 5.81, 5.75, 5.73, 5.69, 5.64, 5.57, 5.50,.