Today we will analyze the stock Sampoerna Agro Tbk (SGRO.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Sampoerna Agro Tbk (SGRO.JK)
1- Last bullish trend was from 3,250.00 $ (5/1/2012) to 3,350.00 $ (5/2/2012) a 100.00 $ move 2- The current bearish trend started from 3,350.00 $ at 5/2/2012 and is currently trading at 3,225.00 $.
3- SGRO.JK current support level is at 3,222.80 which is the 127.20 % fibonacci retracement of the last 100.00 $ move.
4- SGRO.JK current resistance level is at 3,250.00 which is the 100.00 % fibonacci retracement of the last 100.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Sampoerna Agro Tbk (SGRO.JK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3,350.000 and 3,650.000, and is currently resisting at 3,314.706.
Sampoerna Agro Tbk (SGRO.JK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2,925.000 and 2,500.000 that was broken down at 3,525.000 transforming into a resistance line.
Sampoerna Agro Tbk (SGRO.JK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Sampoerna Agro Tbk (SGRO.JK) was trading in a strong bearish wave, which is becoming stronger .
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 : 3,250.00, 3,254.50, 3,272.75, 3,287.50, 3,288.20, 3,300.00, 3,302.25, 3,311.80, 3,314.71, 3,326.40, 3,350.00, 3,686.79.
Stock Support levels : 3,222.80,.