Today we will analyze the stock Ricky Putra Globalindo Tbk (RICY.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Ricky Putra Globalindo Tbk (RICY.JK)
1- Last bullish trend was from 205.00 $ (3/26/2012) to 250.00 $ (4/2/2012) a 45.00 $ move 2- The current bearish trend started from 250.00 $ at 4/2/2012 and is currently trading at 215.00 $.
3- RICY.JK current support level is at 205.00 which is the 100.00 % fibonacci retracement of the last 45.00 $ move.
4- RICY.JK current resistance level is at 222.19 which is the 61.80 % fibonacci retracement of the last 45.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Ricky Putra Globalindo Tbk (RICY.JK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 205.000 and 199.000 that was broken down at 215.000 transforming into a resistance line.
Ricky Putra Globalindo Tbk (RICY.JK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 199.000 and 170.000, and is currently supporting at 210.712.
Ricky Putra Globalindo Tbk (RICY.JK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 199.000 and 170.000, and is currently supporting at 210.712.

Stock Trading Conclusion:
Ricky Putra Globalindo Tbk (RICY.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 : 217.00, 222.19, 223.26, 227.50, 228.37, 232.50, 232.81, 236.63, 239.38, 250.00,.
Stock Support levels : 210.71, 205.00, 192.76,.