Stock Technical indicators to notice in KorAirTermSvc (005430.KS)
1- Last bearish trend was from 32,200.00 $ (12/9/2011) to 30,700.00 $ (12/29/2011) a 1,500.00 $ move 2- The current bullish trend started from 30,700.00 $ at 12/29/2011 and is currently trading at 34,400.00 $.
KorAirTermSvc (005430.KS) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 2,800.000 $ height triangle which was broken up at 31,450.000 in higher than usual volume, target of the pattern is 34,250.000.
KorAirTermSvc (005430.KS) Mid term stock chart patterns for internet stock trading :
5- The Stock formed Double Bottom Pattern at 30,500.000 .
6- The Stock formed a 14,900.000 $ height triangle which was broken up at 31,300.000, target of the pattern is 46,200.000.
KorAirTermSvc (005430.KS) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 45,450.000 and 46,900.000, and is currently resisting at 42,791.668.
Stock Trading Conclusion:
KorAirTermSvc (005430.KS) was trading in a strong 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 : 42,791.67, 46,200.00.
Stock Support levels : 33,526.80, 32,986.60, 32,550.00, 32,113.40, 30,922.58, 30,700.00, 30,433.33,.
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