Stock Technical indicators to notice in Daedong (000490.KS)
1- Last bullish trend was from 4,605.00 $ (4/12/2012) to 5,470.00 $ (4/26/2012) a 865.00 $ move 2- The current bearish trend started from 5,470.00 $ at 4/26/2012 and is currently trading at 5,360.00 $.
4- 000490.KS current resistance level is at 5,470.00 which is the 0.00 % fibonacci retracement of the last 865.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Daedong (000490.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 4,605.000 and 4,230.000, and is currently supporting at 5,230.000.
Daedong (000490.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 4,605.000 and 4,200.000, and is currently supporting at 5,111.250.
Daedong (000490.KS) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 4,605.000 and 4,200.000, and is currently supporting at 5,111.250.
Stock Trading Conclusion:
Daedong (000490.KS) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 5,385.96, 5,402.02, 5,415.00, 5,427.98, 5,470.00,.
Stock Support levels : 5,265.86, 5,230.00, 5,139.57, 5,111.25, 5,037.50, 4,935.43, 4,605.00, 4,369.72,.