Stock Technical indicators to notice in Daesang(1P) (001685.KS)
1- Last bearish trend was from 3,990.00 $ (2/27/2012) to 3,775.00 $ (3/13/2012) a 215.00 $ move 2- The current bullish trend started from 3,775.00 $ at 3/13/2012 and is currently trading at 4,260.00 $.
Daesang(1P) (001685.KS) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 3,990.000 and 4,085.000 that was broken up at 3,945.000 transforming into a supporting line.
Daesang(1P) (001685.KS) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 3,775.000 and 3,695.000, and is currently supporting at 3,799.828.
Daesang(1P) (001685.KS) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 3,775.000 and 3,580.000, and is currently supporting at 3,822.755.
Stock Trading Conclusion:
Daesang(1P) (001685.KS) was trading in a bullish wave, which is becoming weaker .
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 : .
Stock Support levels : 4,145.54, 4,074.73, 4,017.50, 3,960.27, 3,822.76, 3,799.83, 3,775.00,.
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