Stock Technical indicators to notice in FnCKOLON (001370.KS)
1- Last bullish trend was from 34,300.00 $ (7/13/2009) to 39,200.00 $ (7/28/2009) a 4,900.00 $ move 2- The current bearish trend started from 39,200.00 $ at 7/28/2009 and is currently trading at 12,950.00 $.
FnCKOLON (001370.KS) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 34,300.000 and 33,700.000,resistance between 39,200.000 and 37,850.000 which was broken down at 12,950.000.
FnCKOLON (001370.KS) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 34,300.000 and 33,700.000,resistance between 39,200.000 and 37,850.000 which was broken down at 12,950.000.
FnCKOLON (001370.KS) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 34,300.000 and 33,700.000,resistance between 39,200.000 and 37,850.000 which was broken down at 12,950.000.
Stock Trading Conclusion:
FnCKOLON (001370.KS) was trading in a strong bearish 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 : 19,145.00, 22,977.50, 26,075.00, 29,172.50, 35,366.67, 39,200.00.
Stock Support levels :.
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