Stock Technical indicators to notice in AsiaPacificNo.15 (083620.KS)
1- Last bearish trend was from 4,795.00 $ (12/15/2011) to 4,520.00 $ (12/21/2011) a 275.00 $ move 2- The current bullish trend started from 4,520.00 $ at 12/21/2011 and is currently trading at 4,665.00 $.
4- 083620.KS current resistance level is at 4,689.95 which is the 61.80 % fibonacci retracement of the last 275.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
AsiaPacificNo.15 (083620.KS) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 4,795.000 .
AsiaPacificNo.15 (083620.KS) Mid term stock chart patterns for internet stock trading :
None.
AsiaPacificNo.15 (083620.KS) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 4,245.000 and 4,205.000 that was broken down at 4,645.000 transforming into a resistance line.
Stock Trading Conclusion:
AsiaPacificNo.15 (083620.KS) was trading in a strong bullish 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 : 4,689.95, 4,727.14, 4,734.29, 4,741.43, 4,795.00, 4,869.80, 4,964.95, 6,265.00.
Stock Support levels : 4,657.50, 4,630.78, 4,625.05, 4,609.61, 4,592.50, 4,584.90, 4,575.39, 4,520.00,.
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