Today we will analyze the stock DongsungPharm (002210.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in DongsungPharm (002210.KS)
1- Last bullish trend was from 3,045.00 $ (4/16/2012) to 3,285.00 $ (4/26/2012) a 240.00 $ move 2- The current bearish trend started from 3,285.00 $ at 4/26/2012 and is currently trading at 2,925.00 $.
3- 002210.KS current support level is at 2,896.68 which is the 161.80 % fibonacci retracement of the last 240.00 $ move.
4- 002210.KS current resistance level is at 2,979.72 which is the 127.20 % fibonacci retracement of the last 240.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
DongsungPharm (002210.KS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 3,285.000 .
7- The Stock formed a 810.000 $ height triangle which was broken down at 3,160.000 in higher than usual volume, target of the pattern is 2,350.000.
DongsungPharm (002210.KS) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 3,285.000 .
9- The Stock formed a 810.000 $ height triangle which was broken down at 3,160.000 in higher than usual volume, target of the pattern is 2,350.000.
DongsungPharm (002210.KS) Long term stock chart patterns for internet stock trading :

10- The Stock was supported by a support line, identified by two points: 1,870.000 and 1,305.000, and is currently supporting at 2,850.441.

Stock Trading Conclusion:
DongsungPharm (002210.KS) was trading in a strong 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 : 2,979.72, 3,009.96, 3,045.00, 3,062.52, 3,105.00, 3,136.68, 3,147.48, 3,165.00, 3,193.32, 3,228.36, 3,285.00, 3,286.92, 3,356.46,.
Stock Support levels : 2,896.68, 2,850.44, 2,350.00,.