Today we will analyze the stock CHINA PHARMA GRP (CVG.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in CHINA PHARMA GRP (CVG.SG)
1- Last bearish trend was from 0.18 $ (1/27/2012) to 0.17 $ (1/31/2012) a 0.01 $ move 2- The current bullish trend started from 0.17 $ at 1/31/2012 and is currently trading at 0.19 $.
3- 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.
CHINA PHARMA GRP (CVG.SG) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.170 .
5- The Stock formed Double Top Pattern at 0.180 that failed, and formed a support .
CHINA PHARMA GRP (CVG.SG) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 0.040 $ height triangle which was broken up at 0.190, target of the pattern is 0.230.
CHINA PHARMA GRP (CVG.SG) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.040 $ height triangle which was broken up at 0.190, target of the pattern is 0.230.

Stock Trading Conclusion:
CHINA PHARMA GRP (CVG.SG) was trading in a strong bullish wave, which is becoming stronger .
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 : 0.230,.
Stock Support levels : 0.186, 0.185, 0.182, 0.180, 0.178, 0.170,.