Today we will analyze the stock KARDAN ISRAEL (KRIS.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in KARDAN ISRAEL (KRIS.TA)
1- Last bullish trend was from 289.50 $ (4/18/2012) to 312.00 $ (4/30/2012) a 22.50 $ move 2- The current bearish trend started from 312.00 $ at 4/30/2012 and is currently trading at 286.60 $.
3- KRIS.TA current support level is at 283.38 which is the 127.20 % fibonacci retracement of the last 22.50 $ move.
4- KRIS.TA current resistance level is at 289.50 which is the 100.00 % fibonacci retracement of the last 22.50 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
KARDAN ISRAEL (KRIS.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 79.100 $ height triangle which was broken down at 290.000, target of the pattern is 210.900.
KARDAN ISRAEL (KRIS.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 79.100 $ height triangle which was broken down at 290.000, target of the pattern is 210.900.
KARDAN ISRAEL (KRIS.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 315.200 and 401.600 that was broken up at 309.700 transforming into a supporting line.

Stock Trading Conclusion:
KARDAN ISRAEL (KRIS.TA) was trading in a 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 : 289.50, 292.59, 296.30, 298.10, 299.30, 300.75, 302.30, 303.40, 306.69, 308.19, 312.00,.
Stock Support levels : 283.52, 283.38, 275.60, 210.90,.