Today we will analyze the stock Dongbu HiTek(1P) (000995.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in Dongbu HiTek(1P) (000995.KS)
1- Last bearish trend was from 9,450.00 $ (12/20/2011) to 9,130.00 $ (12/21/2011) a 320.00 $ move 2- The current bullish trend started from 9,130.00 $ at 12/21/2011 and is currently trading at 9,510.00 $.
3- 000995.KS current support level is at 9,450.00 which is the 100.00 % fibonacci retracement of the last 320.00 $ move.
4- 000995.KS current resistance level is at 9,537.04 which is the 127.20 % fibonacci retracement of the last 320.00 $ 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.
Dongbu HiTek(1P) (000995.KS) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 780.000 $ height triangle which was broken up at 9,260.000, target of the pattern is 10,040.000 which was broken down at 9,180.000, target of the pattern is 8,400.000.
Dongbu HiTek(1P) (000995.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 9,980.000 .
Dongbu HiTek(1P) (000995.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 9,980.000 and 12,450.000 that was broken up at 9,200.000 transforming into a supporting line.

Stock Trading Conclusion:
Dongbu HiTek(1P) (000995.KS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 9,537.04, 9,647.76, 9,980.00, 10,040.00, 10,810.00.
Stock Support levels : 9,450.00, 9,420.32, 9,364.84, 9,327.76, 9,320.00, 9,290.00, 9,275.16, 9,252.24, 9,205.52, 9,130.00, 8,454.41, 8,400.00,.