Today we will analyze the stock Bakrieland Development Tbk (ELTY.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Bakrieland Development Tbk (ELTY.JK)
1- Last bullish trend was from 118.00 $ (4/23/2012) to 122.00 $ (4/24/2012) a 4.00 $ move 2- The current bearish trend started from 122.00 $ at 4/24/2012 and is currently trading at 113.00 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Bakrieland Development Tbk (ELTY.JK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 12.000 $ height triangle which was broken up at 118.000, target of the pattern is 130.000 which was broken down at 119.000, target of the pattern is 107.000.
Bakrieland Development Tbk (ELTY.JK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 42.000 $ height triangle which was broken down at 114.000 in higher than usual volume, target of the pattern is 72.000.
Bakrieland Development Tbk (ELTY.JK) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 42.000 $ height triangle which was broken down at 114.000 in higher than usual volume, target of the pattern is 72.000.

Stock Trading Conclusion:
Bakrieland Development Tbk (ELTY.JK) was trading in a strong 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 : 114.69, 115.12, 116.44, 117.50, 118.56, 122.00, 124.43, 125.00, 130.00.
Stock Support levels : 110.00, 107.00, 72.00,.