Today we will analyze the stock SPECTRE GAMING INC (SGMG.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in SPECTRE GAMING INC (SGMG.PK)
1- Last bullish trend was from 0.01 $ (9/25/2007) to 0.04 $ (9/28/2007) a 0.03 $ move 2- The current bearish trend started from 0.04 $ at 9/28/2007 and is currently trading at 0.03 $.
3- SGMG.PK current support level is at 0.03 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
4- SGMG.PK current resistance level is at 0.03 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,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.
6- Bullish Divergance in MACD Indicator .
SPECTRE GAMING INC (SGMG.PK) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.120 that was broken up at 0.030 transforming into a supporting line.
SPECTRE GAMING INC (SGMG.PK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.120 that was broken up at 0.030 transforming into a supporting line.
SPECTRE GAMING INC (SGMG.PK) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.120 that was broken up at 0.030 transforming into a supporting line.

Stock Trading Conclusion:
SPECTRE GAMING INC (SGMG.PK) was trading in a strong bearish 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 : 0.032, 0.033, 0.034, 0.035, 0.036, 0.040,.
Stock Support levels : 0.029, 0.025, 0.021, 0.010, 0.002, -0.009, -0.009,.