Today we will analyze the stock DAIKYO INC (HRF.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in DAIKYO INC (HRF.BE)
1- Last bullish trend was from 0.97 $ (3/29/2011) to 1.05 $ (4/1/2011) a 0.08 $ move 2- The current bearish trend started from 1.05 $ at 4/1/2011 and is currently trading at 0.96 $.
3- HRF.BE current support level is at 0.95 which is the 127.20 % fibonacci retracement of the last 0.08 $ move.
4- HRF.BE current resistance level is at 0.97 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
DAIKYO INC (HRF.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.130 $ height triangle which was broken down at 0.980, target of the pattern is 0.850.
DAIKYO INC (HRF.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.130 $ height triangle which was broken down at 0.980, target of the pattern is 0.850.
DAIKYO INC (HRF.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.080 and 1.580 that was broken up at 0.960 transforming into a supporting line.

Stock Trading Conclusion:
DAIKYO INC (HRF.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.970, 0.981, 0.993, 0.994, 1.001, 1.005, 1.010, 1.016, 1.019, 1.031, 1.050,.
Stock Support levels : 0.948, 0.947, 0.921, 0.850,.