Today we will analyze the stock CHINA ORIENTAL GRP (ORG.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CHINA ORIENTAL GRP (ORG.BE)
1- Last bullish trend was from 0.25 $ (4/1/2011) to 0.26 $ (4/8/2011) a 0.01 $ move 2- The current bearish trend started from 0.26 $ at 4/8/2011 and is currently trading at 0.25 $.
3- ORG.BE current support level is at 0.25 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- ORG.BE current resistance level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CHINA ORIENTAL GRP (ORG.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.060 $ height triangle which was broken down at 0.260, target of the pattern is 0.200.
CHINA ORIENTAL GRP (ORG.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.270 and 0.370 that was broken up at 0.260 transforming into a supporting line.
CHINA ORIENTAL GRP (ORG.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHINA ORIENTAL GRP (ORG.BE) 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 : 0.252, 0.254, 0.255, 0.256, 0.258, 0.260, 0.274.
Stock Support levels : 0.249, 0.247, 0.244,.