Today we will analyze the stock Mulia Industrindo Tbk (MLIA.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Mulia Industrindo Tbk (MLIA.JK)
1- Last bearish trend was from 440.00 $ (4/11/2012) to 400.00 $ (4/16/2012) a 40.00 $ move 2- The current bullish trend started from 400.00 $ at 4/16/2012 and is currently trading at 420.00 $.
3- MLIA.JK current support level is at 420.00 which is the 50.00 % fibonacci retracement of the last 40.00 $ move.
4- MLIA.JK current resistance level is at 424.72 which is the 61.80 % fibonacci retracement of the last 40.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Mulia Industrindo Tbk (MLIA.JK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 400.000 and 345.000 that was broken down at 405.000 transforming into a resistance line.
Mulia Industrindo Tbk (MLIA.JK) Mid term stock chart patterns for internet stock trading :

None.
Mulia Industrindo Tbk (MLIA.JK) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 340.000 .

Stock Trading Conclusion:
Mulia Industrindo Tbk (MLIA.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 : 424.72, 440.00, 450.88, 464.72, 510.00.
Stock Support levels : 415.28, 412.36, 410.00, 409.44, 407.64, 400.00,.