Today we will analyze the stock SAMJUNGPULP (009770.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in SAMJUNGPULP (009770.KS)
1- Last bullish trend was from 33,900.00 $ (1/19/2012) to 38,700.00 $ (2/16/2012) a 4,800.00 $ move 2- The current bearish trend started from 38,700.00 $ at 2/16/2012 and is currently trading at 37,000.00 $.
3- 009770.KS current support level is at 36,866.40 which is the 38.20 % fibonacci retracement of the last 4,800.00 $ move.
4- 009770.KS current resistance level is at 37,567.20 which is the 23.60 % fibonacci retracement of the last 4,800.00 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SAMJUNGPULP (009770.KS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 33,900.000 and 32,800.000, and is currently supporting at 34,287.035.
SAMJUNGPULP (009770.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4,400.000 $ height triangle which was broken up at 36,450.000 in higher than usual volume, target of the pattern is 40,850.000.
SAMJUNGPULP (009770.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 37,200.000 and 37,500.000 that was broken up at 36,450.000 transforming into a supporting line.

Stock Trading Conclusion:
SAMJUNGPULP (009770.KS) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 37,401.20, 37,567.20, 37,649.40, 37,850.00, 38,050.60, 38,700.00, 40,850.00.
Stock Support levels : 36,866.40, 36,300.00, 36,060.00, 36,000.00, 35,733.60, 34,287.04, 33,900.00, 32,594.40,.