Stock Technical indicators to notice in DAEDUCKGDS (004130.KS)
1- Last bearish trend was from 12,450.00 $ (4/17/2012) to 11,850.00 $ (4/25/2012) a 600.00 $ move 2- The current bullish trend started from 11,850.00 $ at 4/25/2012 and is currently trading at 12,650.00 $.
4- 004130.KS current resistance level is at 12,820.80 which is the 161.80 % fibonacci retracement of the last 600.00 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DAEDUCKGDS (004130.KS) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 1,750.000 $ height triangle which was broken up at 12,350.000, target of the pattern is 14,100.000.
DAEDUCKGDS (004130.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 11,350.000 and 9,370.000, and is currently supporting at 11,962.000.
DAEDUCKGDS (004130.KS) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bullish stock channel identifed by support at 11,350.000 and 6,552.850,resistance between 13,100.000 and 7,822.710, the stock channel is currently supported from below by 11,954.086 and resisted from above by 14,255.611.
Stock Trading Conclusion:
DAEDUCKGDS (004130.KS) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 12,820.80, 14,100.00.
Stock Support levels : 12,613.20, 12,461.20, 12,450.00, 12,344.40, 12,250.00, 12,220.80, 12,155.60, 12,150.00, 12,079.20, 12,016.67, 11,991.60, 11,962.00, 11,850.00,.