Stock Technical indicators to notice in Oyang (006090.KS)
1- Last bullish trend was from 12,600.00 $ (4/9/2012) to 13,700.00 $ (4/17/2012) a 1,100.00 $ move 2- The current bearish trend started from 13,700.00 $ at 4/17/2012 and is currently trading at 12,700.00 $.
4- 006090.KS current resistance level is at 13,020.20 which is the 61.80 % fibonacci retracement of the last 1,100.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Oyang (006090.KS) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 12,600.000 and 14,750.000,resistance between 13,700.000 and 15,800.000, the stock channel is currently supported from below by 12,112.667 and resisted from above by 13,334.782.
Oyang (006090.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 12,600.000 and 14,750.000,resistance between 13,700.000 and 15,800.000, the stock channel is currently supported from below by 12,112.667 and resisted from above by 13,334.782.
Oyang (006090.KS) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bearish stock channel identifed by support at 13,900.000 and 14,450.000,resistance between 16,350.000 and 16,800.000, the stock channel is currently supported from below by 12,250.000 and resisted from above by 14,887.500.
Stock Trading Conclusion:
Oyang (006090.KS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 12,936.00, 13,020.20, 13,082.00, 13,150.00, 13,200.00, 13,279.80, 13,318.00, 13,440.40, 13,700.00,.
Stock Support levels : 12,600.00, 12,300.80,.
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