Today we will analyze the stock KENETICS GOUP (KEN.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in KENETICS GOUP (KEN.L)
1- Last bullish trend was from 0.75 $ (1/20/2011) to 1.25 $ (1/25/2011) a 0.50 $ move 2- The current bearish trend started from 1.25 $ at 1/25/2011 and is currently trading at 1.12 $.
3- KEN.L current support level is at 1.06 which is the 38.20 % fibonacci retracement of the last 0.50 $ move.
4- KEN.L current resistance level is at 1.13 which is the 23.60 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
KENETICS GOUP (KEN.L) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.250 and 2.000 that was broken up at 1.120 transforming into a supporting line.
KENETICS GOUP (KEN.L) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.250 and 2.000 that was broken up at 1.120 transforming into a supporting line.
KENETICS GOUP (KEN.L) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.250 and 2.000 that was broken up at 1.120 transforming into a supporting line.

Stock Trading Conclusion:
KENETICS GOUP (KEN.L) was trading in a strong bearish 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 : 1.13, 1.15, 1.17, 1.18, 1.20, 1.25, 2.50.
Stock Support levels : 1.06, 1.00, 0.94, 0.80, 0.75, 0.61,.