Today we will analyze the stock Wahana Phonix Mandiri Tbk (WAPO.JK) for internet stock trading in the JK stock market,
Stock Technical indicators to notice in Wahana Phonix Mandiri Tbk (WAPO.JK)
1- Last bullish trend was from 91.00 $ (7/26/2010) to 100.00 $ (7/27/2010) a 9.00 $ move 2- The current bearish trend started from 100.00 $ at 7/27/2010 and is currently trading at 93.00 $.
3- WAPO.JK current support level is at 91.00 which is the 100.00 % fibonacci retracement of the last 9.00 $ move.
4- WAPO.JK current resistance level is at 94.44 which is the 61.80 % fibonacci retracement of the last 9.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Wahana Phonix Mandiri Tbk (WAPO.JK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 91.000 .
7- The Stock formed a 10.000 $ height triangle.
Wahana Phonix Mandiri Tbk (WAPO.JK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 91.000 .
9- The Stock formed a 10.000 $ height triangle.
Wahana Phonix Mandiri Tbk (WAPO.JK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 91.000 .
11- The Stock formed a 11.000 $ height triangle.

Stock Trading Conclusion:
Wahana Phonix Mandiri Tbk (WAPO.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 : 94.44, 94.65, 95.50, 95.67, 96.50, 96.56, 97.33, 97.88, 100.00, 102.00.
Stock Support levels : 91.00, 88.55, 85.44,.