Stock Technical indicators to notice in DuzonBizon (012510.KS)
1- Last bearish trend was from 7,600.00 $ (4/20/2012) to 6,880.00 $ (4/27/2012) a 720.00 $ move 2- The current bullish trend started from 6,880.00 $ at 4/27/2012 and is currently trading at 7,500.00 $.
4- 012510.KS current resistance level is at 7,600.00 which is the 100.00 % fibonacci retracement of the last 720.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
DuzonBizon (012510.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 7,600.000 and 10,200.000 that was broken up at 7,170.000 transforming into a supporting line.
DuzonBizon (012510.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 7,600.000 and 10,850.000 that was broken up at 7,170.000 transforming into a supporting line.
DuzonBizon (012510.KS) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 6,880.000 and 6,260.000, and is currently supporting at 6,907.865.
Stock Trading Conclusion:
DuzonBizon (012510.KS) was trading in a strong 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 : 7,600.00, 7,795.84, 8,044.96.
Stock Support levels : 7,353.68, 7,324.96, 7,263.16, 7,240.00, 7,190.00, 7,155.04, 7,116.84, 7,049.92, 6,907.87, 6,880.00, 6,764.29,.
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