Stock Technical indicators to notice in IlyangPharm (007570.KS)
1- Last bullish trend was from 31,700.00 $ (1/20/2012) to 32,950.00 $ (1/25/2012) a 1,250.00 $ move 2- The current bearish trend started from 32,950.00 $ at 1/25/2012 and is currently trading at 31,100.00 $.
4- 007570.KS current resistance level is at 31,360.00 which is the 127.20 % fibonacci retracement of the last 1,250.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
IlyangPharm (007570.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 32,950.000 and 41,300.000 that was broken up at 32,700.000 transforming into a supporting line.
IlyangPharm (007570.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 32,600.000 and 25,650.000 that was broken down at 35,100.000 transforming into a resistance line.
IlyangPharm (007570.KS) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 25,650.000 and 24,700.000, and is currently supporting at 27,685.715.
Stock Trading Conclusion:
IlyangPharm (007570.KS) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 31,360.00, 31,536.60, 31,700.00, 31,806.70, 32,025.00, 32,177.50, 32,243.30, 32,325.00, 32,472.50, 32,655.00, 32,950.00, 43,025.00.
Stock Support levels : 30,927.50, 27,940.00,.
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