Stock Technical indicators to notice in Daesang(3PB) (001689.KS)
1- Last bullish trend was from 12,800.00 $ (4/26/2012) to 13,600.00 $ (5/2/2012) a 800.00 $ move 2- The current bearish trend started from 13,600.00 $ at 5/2/2012 and is currently trading at 12,600.00 $.
4- 001689.KS current resistance level is at 12,800.00 which is the 100.00 % fibonacci retracement of the last 800.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
Daesang(3PB) (001689.KS) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 3,050.000 $ height triangle which was broken down at 13,300.000, target of the pattern is 10,250.000.
Daesang(3PB) (001689.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 3,050.000 $ height triangle which was broken down at 13,300.000, target of the pattern is 10,250.000.
Daesang(3PB) (001689.KS) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 10,200.000 and 10,000.000, and is currently supporting at 10,340.741.
Stock Trading Conclusion:
Daesang(3PB) (001689.KS) was trading in a strong bullish wave, which is becoming stronger .
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 : 12,800.00, 12,836.00, 12,982.00, 13,100.00, 13,105.60, 13,200.00, 13,218.00, 13,294.40, 13,411.20, 13,600.00, 14,192.86,.
Stock Support levels : 12,582.40, 12,305.60, 10,500.00, 10,340.74, 10,250.00,.
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