Stock Technical indicators to notice in KOAS WELL (071950.KS)
1- Last bullish trend was from 1,350.00 $ (4/26/2012) to 1,880.00 $ (5/2/2012) a 530.00 $ move 2- The current bearish trend started from 1,880.00 $ at 5/2/2012 and is currently trading at 1,740.00 $.
4- 071950.KS current resistance level is at 1,754.92 which is the 23.60 % fibonacci retracement of the last 530.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
KOAS WELL (071950.KS) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1,350.000 and 1,115.000, and is currently supporting at 1,467.500.
KOAS WELL (071950.KS) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 1,350.000 and 1,115.000, and is currently supporting at 1,467.500.
KOAS WELL (071950.KS) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 600.000 $ height triangle which was broken up at 1,550.000, target of the pattern is 2,150.000.
Stock Trading Conclusion:
KOAS WELL (071950.KS) was trading in a strong bullish wave, which is becoming stronger .
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 : 1,754.92, 1,773.04, 1,793.48, 1,810.00, 1,826.52, 1,880.00, 2,150.00.
Stock Support levels : 1,677.54, 1,615.00, 1,552.46, 1,494.77, 1,467.50, 1,350.00, 1,205.84,.
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