Today we will analyze the stock SamyangTongsang (002170.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in SamyangTongsang (002170.KS)
1- Last bullish trend was from 23,650.00 $ (4/18/2012) to 24,750.00 $ (4/19/2012) a 1,100.00 $ move 2- The current bearish trend started from 24,750.00 $ at 4/19/2012 and is currently trading at 23,750.00 $.
3- 002170.KS current support level is at 23,650.00 which is the 100.00 % fibonacci retracement of the last 1,100.00 $ move.
4- 002170.KS current resistance level is at 24,070.20 which is the 61.80 % fibonacci retracement of the last 1,100.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SamyangTongsang (002170.KS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 24,750.000 .
7- The Stock formed a 1,600.000 $ height triangle which was broken down at 23,650.000, target of the pattern is 22,050.000.
SamyangTongsang (002170.KS) Mid term stock chart patterns for internet stock trading :

None.
SamyangTongsang (002170.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 21,050.000 and 20,550.000, and is currently supporting at 21,366.965.

Stock Trading Conclusion:
SamyangTongsang (002170.KS) was trading in a bullish 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 : 23,986.00, 24,070.20, 24,132.00, 24,200.00, 24,250.00, 24,329.80, 24,368.00, 24,383.33, 24,490.40, 24,550.00, 24,750.00,.
Stock Support levels : 23,650.00, 23,350.80, 22,970.20, 22,050.00,.