Today we will analyze the stock KONICA MINOLTA HLDG (KPI1.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in KONICA MINOLTA HLDG (KPI1.MU)
1- Last bearish trend was from 6.61 $ (4/3/2012) to 5.98 $ (4/25/2012) a 0.63 $ move 2- The current bullish trend started from 5.98 $ at 4/25/2012 and is currently trading at 6.01 $.
3- KPI1.MU current support level is at 5.98 which is the 0.00 % fibonacci retracement of the last 0.63 $ move.
4- KPI1.MU current resistance level is at 6.13 which is the 23.60 % fibonacci retracement of the last 0.63 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
KONICA MINOLTA HLDG (KPI1.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 6.610 .
KONICA MINOLTA HLDG (KPI1.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 5.400 and 4.740 that was broken down at 6.110 transforming into a resistance line.
KONICA MINOLTA HLDG (KPI1.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.400 and 4.550 that was broken down at 6.010 transforming into a resistance line.

Stock Trading Conclusion:
KONICA MINOLTA HLDG (KPI1.MU) was trading in a bearish 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 : 6.09, 6.13, 6.14, 6.22, 6.30, 6.37, 6.59, 6.60, 6.61, 6.61, 6.78, 7.00.
Stock Support levels : 6.00, 6.00, 5.99, 5.99, 5.98,.