Today we will analyze the stock HISTEEL (071090.KS) for internet stock trading in the KS stock market,
Stock Technical indicators to notice in HISTEEL (071090.KS)
1- Last bearish trend was from 42,000.00 $ (4/16/2012) to 36,550.00 $ (4/27/2012) a 5,450.00 $ move 2- The current bullish trend started from 36,550.00 $ at 4/27/2012 and is currently trading at 39,200.00 $.
3- 071090.KS current support level is at 38,631.90 which is the 38.20 % fibonacci retracement of the last 5,450.00 $ move.
4- 071090.KS current resistance level is at 39,275.00 which is the 50.00 % fibonacci retracement of the last 5,450.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HISTEEL (071090.KS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 42,000.000 and 48,000.000 that was broken up at 38,700.000 transforming into a supporting line.
HISTEEL (071090.KS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 42,000.000 and 48,000.000 that was broken up at 38,700.000 transforming into a supporting line.
HISTEEL (071090.KS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 42,000.000 and 58,000.000 that was broken up at 37,100.000 transforming into a supporting line.

Stock Trading Conclusion:
HISTEEL (071090.KS) was trading in a bullish 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 : 39,275.00, 39,918.10, 42,000.00, 43,482.40, 45,368.10.
Stock Support levels : 38,631.90, 38,574.60, 38,187.70, 37,875.00, 37,836.20, 37,562.30, 36,800.00, 36,550.00,.