Stock Technical indicators to notice in PROKOM SP GDR REG-S (PKS.HM)
1- Last bullish trend was from 17.28 $ (3/31/2008) to 18.21 $ (4/4/2008) a 0.93 $ move 2- The current bearish trend started from 18.21 $ at 4/4/2008 and is currently trading at 16.00 $.
PROKOM SP GDR REG-S (PKS.HM) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 18.210 .
5- The Stock formed a 1.700 $ height triangle which was broken down at 16.000, target of the pattern is 14.300.
PROKOM SP GDR REG-S (PKS.HM) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 18.210 .
7- The Stock formed a 2.710 $ height triangle which was broken down at 16.000, target of the pattern is 13.290.
PROKOM SP GDR REG-S (PKS.HM) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 18.210 .
9- The Stock formed a 2.710 $ height triangle which was broken down at 16.000, target of the pattern is 13.290.
Stock Trading Conclusion:
PROKOM SP GDR REG-S (PKS.HM) 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 : 16.52, 16.84, 17.10, 17.37, 17.59, 17.94, 18.21, 18.22.
Stock Support levels : 14.30, 13.29,.
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