Today we will analyze the stock Capitalinc Investment Tbk (MTFN.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Capitalinc Investment Tbk (MTFN.JK)
1- Last bearish trend was from 325.00 $ (4/23/2012) to 300.00 $ (5/2/2012) a 25.00 $ move 2- The current bullish trend started from 300.00 $ at 5/2/2012 and is currently trading at 320.00 $.
3- MTFN.JK current support level is at 315.45 which is the 61.80 % fibonacci retracement of the last 25.00 $ move.
4- MTFN.JK current resistance level is at 325.00 which is the 100.00 % fibonacci retracement of the last 25.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Capitalinc Investment Tbk (MTFN.JK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 300.000 .
7- The Stock formed a 70.000 $ height triangle which was broken up at 315.000, target of the pattern is 385.000.
Capitalinc Investment Tbk (MTFN.JK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 300.000 .
9- The Stock formed a 70.000 $ height triangle which was broken up at 315.000, target of the pattern is 385.000.
Capitalinc Investment Tbk (MTFN.JK) Long term stock chart patterns for internet stock trading :

10- The Stock was resisted by a resistance line, identified by two points: 370.000 and 375.000, and is currently resisting at 357.500.

Stock Trading Conclusion:
Capitalinc Investment Tbk (MTFN.JK) was trading in a strong bearish 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 : 325.00, 331.80, 340.45, 357.50, 385.00,.
Stock Support levels : 315.45, 315.28, 312.50, 312.36, 310.00, 309.55, 307.64, 305.90, 300.00, 257.50,.