Today we will analyze the stock ASIA RESOURCES (ASR.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in ASIA RESOURCES (ASR.L)
1- Last bullish trend was from 2.25 $ (12/9/2009) to 2.40 $ (12/11/2009) a 0.15 $ move 2- The current bearish trend started from 2.40 $ at 12/11/2009 and is currently trading at 1.55 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
ASIA RESOURCES (ASR.L) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 2.400 and 2.500, and is currently resisting at 2.250.
ASIA RESOURCES (ASR.L) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 2.400 and 2.500, and is currently resisting at 2.250.
ASIA RESOURCES (ASR.L) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.880 and 3.000, and is currently resisting at 2.280.

Stock Trading Conclusion:
ASIA RESOURCES (ASR.L) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.75, 1.87, 1.98, 2.08, 2.25, 2.28, 2.40, 2.88.
Stock Support levels :.