Today we will analyze the stock DongkookInd (001620.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in DongkookInd (001620.KS)
1- Last bullish trend was from 2,310.00 $ (4/30/2012) to 2,445.00 $ (5/2/2012) a 135.00 $ move 2- The current bearish trend started from 2,445.00 $ at 5/2/2012 and is currently trading at 2,370.00 $.
3- 001620.KS current support level is at 2,361.57 which is the 61.80 % fibonacci retracement of the last 135.00 $ move.
4- 001620.KS current resistance level is at 2,377.50 which is the 50.00 % fibonacci retracement of the last 135.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DongkookInd (001620.KS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2,445.000 and 2,590.000, and is currently resisting at 2,408.750.
DongkookInd (001620.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 405.000 $ height triangle which was broken down at 2,410.000, target of the pattern is 2,005.000.
DongkookInd (001620.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2,310.000 and 1,815.000 that was broken down at 2,540.000 transforming into a resistance line.

Stock Trading Conclusion:
DongkookInd (001620.KS) was trading in a bearish 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 : 2,377.50, 2,387.70, 2,393.43, 2,398.65, 2,407.50, 2,408.75, 2,413.14, 2,416.35, 2,445.00, 2,471.07, 2,873.75.
Stock Support levels : 2,361.57, 2,310.00, 2,273.28, 2,226.57,.