Today we will analyze the stock KorExp (000120.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in KorExp (000120.KS)
1- Last bearish trend was from 87,600.00 $ (3/16/2012) to 73,300.00 $ (4/10/2012) a 14,300.00 $ move 2- The current bullish trend started from 73,300.00 $ at 4/10/2012 and is currently trading at 77,300.00 $.
3- 000120.KS current support level is at 76,674.80 which is the 23.60 % fibonacci retracement of the last 14,300.00 $ move.
4- 000120.KS current resistance level is at 78,762.60 which is the 38.20 % fibonacci retracement of the last 14,300.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
KorExp (000120.KS) Short term stock chart patterns for internet stock trading :

None.
KorExp (000120.KS) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 87,600.000 and 91,500.000, and is currently resisting at 83,310.000.
KorExp (000120.KS) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 23,000.000 $ height triangle which was broken down at 82,500.000 in higher than usual volume, target of the pattern is 59,500.000.

Stock Trading Conclusion:
KorExp (000120.KS) was trading in a bearish 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 : 78,762.60, 80,450.00, 82,137.40, 83,310.00, 87,600.00, 89,258.06, 91,489.60, 96,437.40.
Stock Support levels : 76,674.80, 76,356.00, 75,772.00, 75,300.00, 74,828.00, 73,300.00,.