Today we will analyze the stock CHONG HING BANK (LIH.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CHONG HING BANK (LIH.BE)
1- Last bearish trend was from 1.36 $ (3/18/2011) to 1.27 $ (3/23/2011) a 0.09 $ move 2- The current bullish trend started from 1.27 $ at 3/23/2011 and is currently trading at 1.64 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CHONG HING BANK (LIH.BE) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 1.270 and 1.320,resistance between 1.360 and 1.390 which was broken up at 1.640.
CHONG HING BANK (LIH.BE) Mid term stock chart patterns for internet stock trading :

CHONG HING BANK (LIH.BE) Long term stock chart patterns for internet stock trading :


Stock Trading Conclusion:
CHONG HING BANK (LIH.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : .
Stock Support levels : 1.55, 1.50, 1.45, 1.41, 1.27,.