Stock Technical indicators to notice in DongbangAgro(1P) (007595.KS)
1- Last bullish trend was from 460,000.00 $ (4/26/2012) to 506,000.00 $ (4/27/2012) a 46,000.00 $ move 2- The current bearish trend started from 506,000.00 $ at 4/27/2012 and is currently trading at 368,000.00 $.
DongbangAgro(1P) (007595.KS) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 506,000.000 and 1,135,000.000 that was broken up at 430,000.000 transforming into a supporting line.
DongbangAgro(1P) (007595.KS) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 506,000.000 and 1,135,000.000 that was broken up at 430,000.000 transforming into a supporting line.
DongbangAgro(1P) (007595.KS) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 506,000.000 and 1,135,000.000 that was broken up at 430,000.000 transforming into a supporting line.
Stock Trading Conclusion:
DongbangAgro(1P) (007595.KS) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 400,568.00, 420,716.00, 437,000.00, 453,284.00, 506,000.00.
Stock Support levels : 326,285.72,.
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