Today we will analyze the stock Hotel Sahid Jaya Tbk (SHID.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Hotel Sahid Jaya Tbk (SHID.JK)
1- Last bearish trend was from 530.00 $ (4/17/2012) to 510.00 $ (4/24/2012) a 20.00 $ move 2- The current bullish trend started from 510.00 $ at 4/24/2012 and is currently trading at 530.00 $.
3- SHID.JK current support level is at 530.00 which is the 100.00 % fibonacci retracement of the last 20.00 $ move.
4- SHID.JK current resistance level is at 535.44 which is the 127.20 % fibonacci retracement of the last 20.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Hotel Sahid Jaya Tbk (SHID.JK) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 60.000 $ height triangle which was broken up at 540.000 in higher than usual volume, target of the pattern is 600.000.
Hotel Sahid Jaya Tbk (SHID.JK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 500.000 and 455.000 that was broken down at 530.000 transforming into a resistance line.
Hotel Sahid Jaya Tbk (SHID.JK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 455.000 and 440.000, and is currently supporting at 469.444.

Stock Trading Conclusion:
Hotel Sahid Jaya Tbk (SHID.JK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 535.44, 542.36, 552.50, 600.00.
Stock Support levels : 525.28, 522.36, 520.00, 517.64, 514.72, 510.00, 486.67,.