Stock Technical indicators to notice in PaperCorea (001020.KS)
1- Last bullish trend was from 689.00 $ (4/25/2012) to 760.00 $ (4/27/2012) a 71.00 $ move 2- The current bearish trend started from 760.00 $ at 4/27/2012 and is currently trading at 740.00 $.
4- 001020.KS current resistance level is at 743.24 which is the 23.60 % fibonacci retracement of the last 71.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
PaperCorea (001020.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 689.000 and 618.000 that was broken down at 723.000 transforming into a resistance line.
PaperCorea (001020.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 618.000 and 547.000 that was broken down at 689.000 transforming into a resistance line.
PaperCorea (001020.KS) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 169.000 $ height triangle which was broken up at 710.000 in higher than usual volume, target of the pattern is 879.000.
Stock Trading Conclusion:
PaperCorea (001020.KS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 743.24, 744.72, 747.64, 750.00, 752.36, 760.00, 774.20, 878.33, 879.00.
Stock Support levels : 732.88, 724.50, 716.12, 689.00, 669.69, 645.12,.
Related Stocks
| CJ |
| CJ(1P) |
| CJ(2PB) |
| CJ(3PB) |
| ChoongwaePharm |