Today we will analyze the stock Mitra Investindo Tbk (MITI.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Mitra Investindo Tbk (MITI.JK)
1- Last bullish trend was from 122.00 $ (4/17/2012) to 137.00 $ (4/18/2012) a 15.00 $ move 2- The current bearish trend started from 137.00 $ at 4/18/2012 and is currently trading at 103.00 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Mitra Investindo Tbk (MITI.JK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 55.000 $ height triangle which was broken down at 131.000, target of the pattern is 76.000.
Mitra Investindo Tbk (MITI.JK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 83.000 $ height triangle which was broken down at 125.000, target of the pattern is 42.000.
Mitra Investindo Tbk (MITI.JK) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 83.000 $ height triangle which was broken down at 125.000, target of the pattern is 42.000.

Stock Trading Conclusion:
Mitra Investindo Tbk (MITI.JK) was trading in a strong bullish 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 : 111.02, 115.99, 120.00, 124.01, 137.00, 151.14, 190.71.
Stock Support levels : 85.00, 76.00, 42.00,.