Today we will analyze the stock DAEJAN HOLD (DJAN.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in DAEJAN HOLD (DJAN.L)
1- Last bullish trend was from 2,900.00 $ (3/12/2012) to 3,300.00 $ (4/12/2012) a 400.00 $ move 2- The current bearish trend started from 3,300.00 $ at 4/12/2012 and is currently trading at 3,050.00 $.
3- DJAN.L current support level is at 2,900.00 which is the 100.00 % fibonacci retracement of the last 400.00 $ move.
4- DJAN.L current resistance level is at 3,052.80 which is the 61.80 % fibonacci retracement of the last 400.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
DAEJAN HOLD (DJAN.L) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2,900.000 and 2,815.000 that was broken down at 3,050.000 transforming into a resistance line.
DAEJAN HOLD (DJAN.L) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 2,815.000 and 2,562.000,resistance between 3,300.000 and 3,030.000 which was broken down at 3,116.000.
DAEJAN HOLD (DJAN.L) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2,450.000 and 2,319.000, and is currently supporting at 2,773.133.

Stock Trading Conclusion:
DAEJAN HOLD (DJAN.L) was trading in a strong bearish wave, which is becoming stronger .
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 : 3,052.80, 3,085.00, 3,100.00, 3,109.00, 3,145.50, 3,147.20, 3,174.53, 3,175.00, 3,204.50, 3,205.60, 3,300.00,.
Stock Support levels : 2,900.00, 2,791.20, 2,773.13,.