Today we will analyze the stock SH ENERCHEM (002360.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in SH ENERCHEM (002360.KS)
1- Last bearish trend was from 735.00 $ (4/17/2012) to 591.00 $ (4/26/2012) a 144.00 $ move 2- The current bullish trend started from 591.00 $ at 4/26/2012 and is currently trading at 627.00 $.
3- 002360.KS current support level is at 624.98 which is the 23.60 % fibonacci retracement of the last 144.00 $ move.
4- 002360.KS current resistance level is at 646.01 which is the 38.20 % fibonacci retracement of the last 144.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SH ENERCHEM (002360.KS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 735.000 and 859.000 that was broken up at 600.000 transforming into a supporting line.
SH ENERCHEM (002360.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 735.000 and 859.000 that was broken up at 600.000 transforming into a supporting line.
SH ENERCHEM (002360.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 416.000 and 310.000, and is currently supporting at 490.824.

Stock Trading Conclusion:
SH ENERCHEM (002360.KS) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 646.01, 663.00, 679.99, 735.00, 774.17, 823.99.
Stock Support levels : 624.98, 618.50, 613.25, 609.00, 604.75, 591.00, 522.43,.