Today we will analyze the stock ChosunRefrctr (000480.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in ChosunRefrctr (000480.KS)
1- Last bullish trend was from 62,500.00 $ (1/18/2012) to 67,400.00 $ (2/20/2012) a 4,900.00 $ move 2- The current bearish trend started from 67,400.00 $ at 2/20/2012 and is currently trading at 62,400.00 $.
3- 000480.KS current support level is at 61,167.20 which is the 127.20 % fibonacci retracement of the last 4,900.00 $ move.
4- 000480.KS current resistance level is at 62,500.00 which is the 100.00 % fibonacci retracement of the last 4,900.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
ChosunRefrctr (000480.KS) Short term stock chart patterns for internet stock trading :

None.
ChosunRefrctr (000480.KS) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 67,400.000 .
7- The Stock formed a 5,300.000 $ height triangle which was broken down at 62,900.000 in higher than usual volume, target of the pattern is 57,600.000.
ChosunRefrctr (000480.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 67,000.000 and 70,400.000 that was broken up at 63,500.000 transforming into a supporting line.

Stock Trading Conclusion:
ChosunRefrctr (000480.KS) 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 : 62,500.00, 63,238.46, 63,580.00, 64,310.00, 64,371.80, 64,900.00, 64,950.00, 65,490.00, 65,528.20, 66,243.60, 67,400.00,.
Stock Support levels : 61,167.20, 59,471.80, 57,600.00,.