Today we will analyze the stock Lion Metal Works Tbk (LION.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Lion Metal Works Tbk (LION.JK)
1- Last bearish trend was from 7,350.00 $ (4/23/2012) to 6,600.00 $ (4/27/2012) a 750.00 $ move 2- The current bullish trend started from 6,600.00 $ at 4/27/2012 and is currently trading at 7,200.00 $.
3- LION.JK current support level is at 7,063.50 which is the 61.80 % fibonacci retracement of the last 750.00 $ move.
4- LION.JK current resistance level is at 7,350.00 which is the 100.00 % fibonacci retracement of the last 750.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
Lion Metal Works Tbk (LION.JK) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 1,050.000 $ height triangle which was broken up at 7,200.000 in higher than usual volume, target of the pattern is 8,250.000.
Lion Metal Works Tbk (LION.JK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 1,050.000 $ height triangle which was broken up at 7,200.000 in higher than usual volume, target of the pattern is 8,250.000.
Lion Metal Works Tbk (LION.JK) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 1,050.000 $ height triangle which was broken up at 7,200.000 in higher than usual volume, target of the pattern is 8,250.000.

Stock Trading Conclusion:
Lion Metal Works Tbk (LION.JK) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 7,350.00, 7,554.00, 7,813.50, 8,250.00,.
Stock Support levels : 7,068.75, 7,063.50, 7,058.40, 6,975.00, 6,970.80, 6,900.00, 6,886.50, 6,829.20, 6,777.00, 6,600.00,.