Stock Technical indicators to notice in KIH(2PB) (071057.KS)
1- Last bullish trend was from 29,400.00 $ (5/7/2010) to 32,200.00 $ (5/12/2010) a 2,800.00 $ move 2- The current bearish trend started from 32,200.00 $ at 5/12/2010 and is currently trading at 30,650.00 $.
4- 071057.KS current resistance level is at 30,800.00 which is the 50.00 % fibonacci retracement of the last 2,800.00 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
KIH(2PB) (071057.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 32,200.000 and 34,250.000 that was broken up at 30,650.000 transforming into a supporting line.
KIH(2PB) (071057.KS) Mid term stock chart patterns for internet stock trading :
None.
KIH(2PB) (071057.KS) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 29,400.000 and 28,350.000, and is currently supporting at 29,649.152.
Stock Trading Conclusion:
KIH(2PB) (071057.KS) was trading in a strong 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 : 30,800.00, 31,015.80, 31,130.40, 31,242.10, 31,425.00, 31,539.20, 31,607.90, 32,200.00, 34,231.25.
Stock Support levels : 30,469.60, 29,945.00, 29,649.15, 29,400.00, 28,638.40,.
Related Stocks
| HISTEEL |
| KOAS WELL |
| KOAS WELL (1PB) |
| UANGEL |
| NongshimHoldings |
