Today we will analyze the stock CJ (001040.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in CJ (001040.KS)
1- Last bearish trend was from 85,200.00 $ (3/30/2012) to 76,600.00 $ (4/25/2012) a 8,600.00 $ move 2- The current bullish trend started from 76,600.00 $ at 4/25/2012 and is currently trading at 82,500.00 $.
3- 001040.KS current support level is at 81,914.80 which is the 61.80 % fibonacci retracement of the last 8,600.00 $ move.
4- 001040.KS current resistance level is at 85,200.00 which is the 100.00 % fibonacci retracement of the last 8,600.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CJ (001040.KS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 85,200.000 .
CJ (001040.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 76,600.000 and 74,800.000, and is currently supporting at 76,758.820.
CJ (001040.KS) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 11,798.086 $ height triangle.

Stock Trading Conclusion:
CJ (001040.KS) was trading in a strong bullish 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 : 85,200.00, 85,212.00, 85,252.00, 85,292.00, 87,539.20, 90,514.80.
Stock Support levels : 81,914.80, 81,107.60, 80,900.00, 80,246.20, 79,885.20, 79,550.00, 78,853.80, 78,629.60, 76,758.82, 76,600.00,.