Stock Technical indicators to notice in GSI (007630.KS)
1- Last bearish trend was from 990.00 $ (4/18/2012) to 944.00 $ (4/23/2012) a 46.00 $ move 2- The current bullish trend started from 944.00 $ at 4/23/2012 and is currently trading at 1,050.00 $.
GSI (007630.KS) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 219.000 $ height triangle which was broken up at 960.000, target of the pattern is 1,179.000.
GSI (007630.KS) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 1,150.000 and 1,235.000 that was broken up at 1,050.000 transforming into a supporting line.
GSI (007630.KS) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 931.000 and 866.000, and is currently supporting at 962.379.
Stock Trading Conclusion:
GSI (007630.KS) was trading in a bearish wave, which is becoming weaker .
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 : 1,179.00.
Stock Support levels : 1,036.67, 1,024.98, 1,009.51, 997.00, 984.49, 962.38, 944.00,.
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