Today we will analyze the stock KIRIN HOLDINGS COMPA (KNBWY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in KIRIN HOLDINGS COMPA (KNBWY.PK)
1- Last bullish trend was from 11.93 $ (3/20/2012) to 13.01 $ (3/29/2012) a 1.08 $ move 2- The current bearish trend started from 13.01 $ at 3/29/2012 and is currently trading at 11.96 $.
3- KNBWY.PK current support level is at 11.93 which is the 100.00 % fibonacci retracement of the last 1.08 $ move.
4- KNBWY.PK current resistance level is at 12.34 which is the 61.80 % fibonacci retracement of the last 1.08 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
KIRIN HOLDINGS COMPA (KNBWY.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.930 and 11.630 that was broken down at 12.630 transforming into a resistance line.
KIRIN HOLDINGS COMPA (KNBWY.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 11.630 .
KIRIN HOLDINGS COMPA (KNBWY.PK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
KIRIN HOLDINGS COMPA (KNBWY.PK) was trading in a 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 : 12.21, 12.34, 12.36, 12.47, 12.49, 12.60, 12.61, 12.76, 12.98, 13.01,.
Stock Support levels : 11.93, 11.66, 11.64,.