Today we will analyze the stock Bank Windu Kentjana Int l Tbk (MCOR.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Bank Windu Kentjana Int l Tbk (MCOR.JK)
1- Last bearish trend was from 220.00 $ (4/27/2012) to 200.00 $ (5/1/2012) a 20.00 $ move 2- The current bullish trend started from 200.00 $ at 5/1/2012 and is currently trading at 210.00 $.
3- MCOR.JK current support level is at 210.00 which is the 50.00 % fibonacci retracement of the last 20.00 $ move.
4- MCOR.JK current resistance level is at 212.36 which is the 61.80 % fibonacci retracement of the last 20.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Bank Windu Kentjana Int l Tbk (MCOR.JK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 200.000 and 190.000,resistance between 220.000 and 200.000, the stock channel is currently supported from below by 207.500 and resisted from above by 234.286.
Bank Windu Kentjana Int l Tbk (MCOR.JK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 200.000 and 125.000 that was broken down at 210.000 transforming into a resistance line.
Bank Windu Kentjana Int l Tbk (MCOR.JK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Bank Windu Kentjana Int l Tbk (MCOR.JK) was trading in a strong bearish wave, which is becoming weaker .
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 : 212.36, 220.00, 220.45, 225.44, 232.36.
Stock Support levels : 207.64, 206.18, 205.00, 204.72, 203.82, 200.00,.