Today we will analyze the stock KROMI LOGISTIK (K1R.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in KROMI LOGISTIK (K1R.DE)
1- Last bullish trend was from 7.76 $ (4/26/2012) to 8.10 $ (4/30/2012) a 0.34 $ move 2- The current bearish trend started from 8.10 $ at 4/30/2012 and is currently trading at 7.80 $.
3- K1R.DE current support level is at 7.76 which is the 100.00 % fibonacci retracement of the last 0.34 $ move.
4- K1R.DE current resistance level is at 7.89 which is the 61.80 % fibonacci retracement of the last 0.34 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
KROMI LOGISTIK (K1R.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.090 $ height triangle which was broken up at 8.000 in higher than usual volume, target of the pattern is 9.090 which was broken down at 7.850, target of the pattern is 6.760.
KROMI LOGISTIK (K1R.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 7.500 and 7.890,resistance between 8.590 and 9.010, the stock channel is currently supported from below by 7.446 and resisted from above by 8.534.
KROMI LOGISTIK (K1R.DE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 7.500 and 7.890,resistance between 8.590 and 9.010, the stock channel is currently supported from below by 7.446 and resisted from above by 8.534.

Stock Trading Conclusion:
KROMI LOGISTIK (K1R.DE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 7.87, 7.89, 7.91, 7.93, 7.95, 7.97, 7.99, 8.02, 8.10, 8.15, 9.09.
Stock Support levels : 7.76, 7.71, 7.67, 7.55,.