Today we will analyze the stock BorneoIntFurn (004740.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in BorneoIntFurn (004740.KS)
1- Last bullish trend was from 2,725.00 $ (1/16/2012) to 3,040.00 $ (1/27/2012) a 315.00 $ move 2- The current bearish trend started from 3,040.00 $ at 1/27/2012 and is currently trading at 2,850.00 $.
3- 004740.KS current support level is at 2,845.33 which is the 61.80 % fibonacci retracement of the last 315.00 $ move.
4- 004740.KS current resistance level is at 2,882.50 which is the 50.00 % fibonacci retracement of the last 315.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BorneoIntFurn (004740.KS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2,725.000 and 2,650.000 that was broken down at 2,890.000 transforming into a resistance line.
BorneoIntFurn (004740.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3,040.000 and 3,085.000, and is currently resisting at 3,029.412.
BorneoIntFurn (004740.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2,650.000 and 2,570.000, and is currently supporting at 2,690.000.

Stock Trading Conclusion:
BorneoIntFurn (004740.KS) was trading in a 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 : 2,882.50, 2,894.84, 2,919.67, 2,922.58, 2,931.25, 2,945.00, 2,965.66, 2,967.42, 3,029.41, 3,040.00,.
Stock Support levels : 2,845.33, 2,725.00, 2,690.00, 2,639.32,.