Today we will analyze the stock CJ(1P) (001045.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in CJ(1P) (001045.KS)
1- Last bearish trend was from 19,850.00 $ (2/23/2012) to 18,500.00 $ (4/27/2012) a 1,350.00 $ move 2- The current bullish trend started from 18,500.00 $ at 4/27/2012 and is currently trading at 19,250.00 $.
3- 001045.KS current support level is at 19,175.00 which is the 50.00 % fibonacci retracement of the last 1,350.00 $ move.
4- 001045.KS current resistance level is at 19,334.30 which is the 61.80 % fibonacci retracement of the last 1,350.00 $ move.
5- According to ADX Indicator, the trend is currently 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.
CJ(1P) (001045.KS) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 18,500.000 and 19,000.000,resistance between 19,850.000 and 20,100.000, the stock channel is currently supported from below by 18,470.148 and resisted from above by 19,542.309.
CJ(1P) (001045.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2,450.000 $ height triangle which was broken up at 19,250.000, target of the pattern is 21,700.000 which was broken down at 19,300.000, target of the pattern is 16,850.000.
CJ(1P) (001045.KS) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 18,350.000 and 19,850.000,resistance between 20,800.000 and 22,950.000 which was broken up at 19,700.000 in higher than usual volume.

Stock Trading Conclusion:
CJ(1P) (001045.KS) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 19,334.30, 19,850.00, 20,217.20, 20,644.29, 20,684.30, 21,700.00.
Stock Support levels : 19,187.88, 19,175.00, 19,073.00, 19,015.70, 18,963.50, 18,875.00, 18,818.60, 18,786.50, 18,500.00, 16,850.00,.