Stock Technical indicators to notice in NAMYEUNG (002070.KS)
1- Last bullish trend was from 7,550.00 $ (1/19/2012) to 8,380.00 $ (1/30/2012) a 830.00 $ move 2- The current bearish trend started from 8,380.00 $ at 1/30/2012 and is currently trading at 8,010.00 $.
4- 002070.KS current resistance level is at 8,062.94 which is the 38.20 % fibonacci retracement of the last 830.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NAMYEUNG (002070.KS) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 1,400.000 $ height triangle.
NAMYEUNG (002070.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 7,550.000 and 7,400.000, and is currently supporting at 7,575.000.
NAMYEUNG (002070.KS) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bullish stock channel identifed by support at 7,550.000 and 7,400.000,resistance between 8,800.000 and 8,580.000, the stock channel is currently supported from below by 7,575.000 and resisted from above by 8,876.825.
Stock Trading Conclusion:
NAMYEUNG (002070.KS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 8,062.94, 8,097.32, 8,151.34, 8,184.12, 8,195.00, 8,238.66, 8,380.00,.
Stock Support levels : 7,965.00, 7,867.06, 7,575.00, 7,550.00, 7,324.24,.
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