Stock Technical indicators to notice in LeekuInd (025820.KS)
1- Last bullish trend was from 1,525.00 $ (3/30/2012) to 1,640.00 $ (4/5/2012) a 115.00 $ move 2- The current bearish trend started from 1,640.00 $ at 4/5/2012 and is currently trading at 1,520.00 $.
4- 025820.KS current resistance level is at 1,525.00 which is the 100.00 % fibonacci retracement of the last 115.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LeekuInd (025820.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1,640.000 and 1,750.000, and is currently resisting at 1,556.400.
LeekuInd (025820.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1,640.000 and 1,750.000, and is currently resisting at 1,556.400.
LeekuInd (025820.KS) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 1,560.000 and 1,360.000 that was broken down at 1,720.000 transforming into a resistance line.
Stock Trading Conclusion:
LeekuInd (025820.KS) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 1,525.00, 1,548.32, 1,556.40, 1,565.84, 1,568.93, 1,580.00, 1,582.50, 1,594.16, 1,596.07, 1,612.86, 1,640.00, 1,750.00, 2,382.22.
Stock Support levels : 1,493.72,.
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