Today we will analyze the stock REFOCUS GROUP INC (RFCS.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in REFOCUS GROUP INC (RFCS.PK)
1- Last bullish trend was from 0.02 $ (10/6/2010) to 0.03 $ (10/28/2010) a 0.01 $ move 2- The current bearish trend started from 0.03 $ at 10/28/2010 and is currently trading at 0.01 $.
3- 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.
REFOCUS GROUP INC (RFCS.PK) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.020 and 0.030,resistance between 0.030 and 0.040 which was broken down at 0.010 in higher than usual volume.
REFOCUS GROUP INC (RFCS.PK) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.020 and 0.030,resistance between 0.030 and 0.040 which was broken down at 0.010 in higher than usual volume.
REFOCUS GROUP INC (RFCS.PK) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.020 and 0.030,resistance between 0.030 and 0.040 which was broken down at 0.010 in higher than usual volume.

Stock Trading Conclusion:
REFOCUS GROUP INC (RFCS.PK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.014, 0.015, 0.018, 0.020, 0.022, 0.030, 0.040.
Stock Support levels :.