Today we will analyze the stock Mitra Rajasa Tbk (MIRA.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Mitra Rajasa Tbk (MIRA.JK)
1- Last bearish trend was from 192.00 $ (5/10/2011) to 150.00 $ (6/22/2011) a 42.00 $ move 2- The current bullish trend started from 150.00 $ at 6/22/2011 and is currently trading at 160.00 $.
3- MIRA.JK current support level is at 159.91 which is the 23.60 % fibonacci retracement of the last 42.00 $ move.
4- MIRA.JK current resistance level is at 166.04 which is the 38.20 % fibonacci retracement of the last 42.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
Mitra Rajasa Tbk (MIRA.JK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 192.000 and 199.000, and is currently resisting at 182.083.
Mitra Rajasa Tbk (MIRA.JK) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 260.000 and 265.000, and is currently resisting at 243.393.
Mitra Rajasa Tbk (MIRA.JK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 230.000 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 260.000 and 265.000, and is currently resisting at 243.393.

Stock Trading Conclusion:
Mitra Rajasa Tbk (MIRA.JK) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 166.04, 171.00, 175.96, 182.08, 192.00, 203.42, 217.96, 230.00, 243.39,.
Stock Support levels : 159.91, 157.64, 156.18, 155.00, 153.82, 150.00,.