Today we will analyze the stock DongyangStlPipe(1P) (008975.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in DongyangStlPipe(1P) (008975.KS)
1- Last bullish trend was from 16,100.00 $ (4/25/2012) to 17,400.00 $ (4/27/2012) a 1,300.00 $ move 2- The current bearish trend started from 17,400.00 $ at 4/27/2012 and is currently trading at 14,600.00 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
DongyangStlPipe(1P) (008975.KS) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 17,400.000 and 21,550.000 that was broken up at 14,700.000 transforming into a supporting line.
DongyangStlPipe(1P) (008975.KS) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 17,400.000 and 21,550.000 that was broken up at 14,700.000 transforming into a supporting line.
DongyangStlPipe(1P) (008975.KS) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 29,200.000 and 28,350.000 that was broken down at 29,600.000 transforming into a resistance line.

Stock Trading Conclusion:
DongyangStlPipe(1P) (008975.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 : 15,260.80, 15,669.60, 16,000.00, 16,330.40, 17,400.00, 28,300.00, 39,709.09.
Stock Support levels : 13,250.00,.