Today we will analyze the stock RAFFLES EDUCATION CO (RFLFF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in RAFFLES EDUCATION CO (RFLFF.PK)
1- Last bearish trend was from 0.33 $ (11/25/2011) to 0.30 $ (11/29/2011) a 0.03 $ move 2- The current bullish trend started from 0.30 $ at 11/29/2011 and is currently trading at 0.33 $.
3- RFLFF.PK current support level is at 0.33 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- RFLFF.PK current resistance level is at 0.34 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
RAFFLES EDUCATION CO (RFLFF.PK) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.330 and 0.500 that was broken up at 0.330 transforming into a supporting line.
RAFFLES EDUCATION CO (RFLFF.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.500 and 0.540, and is currently resisting at 0.395.
RAFFLES EDUCATION CO (RFLFF.PK) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.300 and 0.190, and is currently supporting at 0.328.

Stock Trading Conclusion:
RAFFLES EDUCATION CO (RFLFF.PK) was trading in a bearish 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 : 0.338, 0.349, 0.395.
Stock Support levels : 0.328, 0.323, 0.319, 0.315, 0.315, 0.311, 0.307, 0.300,.