Today we will analyze the stock INKU (IKU.VI) for internet stock trading in the VI stock market,
Stock Technical indicators to notice in INKU (IKU.VI)
1- Last bearish trend was from 3.00 $ (11/4/2008) to 1.40 $ (11/19/2008) a 1.60 $ move 2- The current bullish trend started from 1.40 $ at 11/19/2008 and is currently trading at 1.50 $.
3- IKU.VI current support level is at 1.40 which is the 0.00 % fibonacci retracement of the last 1.60 $ move.
4- IKU.VI current resistance level is at 1.78 which is the 23.60 % fibonacci retracement of the last 1.60 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
INKU (IKU.VI) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 3.000 .
INKU (IKU.VI) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 3.000 .
INKU (IKU.VI) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 3.000 .
9- The Stock formed a 2.990 $ height triangle which was broken down at 1.500, target of the pattern is -1.490.

Stock Trading Conclusion:
INKU (IKU.VI) was trading in a strong 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 : 1.78, 2.01, 2.20, 2.39, 3.00, 3.44, 3.99, 10.74.
Stock Support levels : 1.48, 1.46, 1.45, 1.44, 1.40,.