Stock Technical indicators to notice in Lippo Cikarang Tbk (LPCK.JK)
1- Last bearish trend was from 3,850.00 $ (5/1/2012) to 3,725.00 $ (5/2/2012) a 125.00 $ move 2- The current bullish trend started from 3,725.00 $ at 5/2/2012 and is currently trading at 4,100.00 $.
Lippo Cikarang Tbk (LPCK.JK) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 3,725.000 and 2,625.000,resistance between 3,850.000 and 2,725.000, the stock channel is currently supported from below by 3,925.000 and resisted from above by 4,109.615.
Lippo Cikarang Tbk (LPCK.JK) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 310.000 $ height triangle which was broken up at 1,890.000 in higher than usual volume, target of the pattern is 2,200.000.
Lippo Cikarang Tbk (LPCK.JK) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1,840.000 and 1,640.000, and is currently supporting at 2,133.333.
Stock Trading Conclusion:
Lippo Cikarang Tbk (LPCK.JK) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 4,011.50, 3,956.75, 3,912.50, 3,868.25, 3,725.00, 2,133.33,.
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