Today we will analyze the stock MINGYUAN MEDICARE (SHU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in MINGYUAN MEDICARE (SHU.BE)
1- Last bullish trend was from 0.06 $ (4/7/2011) to 0.07 $ (4/8/2011) a 0.01 $ move 2- The current bearish trend started from 0.07 $ at 4/8/2011 and is currently trading at 0.06 $.
3- SHU.BE current support level is at 0.06 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- SHU.BE current resistance level is at 0.06 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
MINGYUAN MEDICARE (SHU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.080, and is currently resisting at 0.069.
MINGYUAN MEDICARE (SHU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.080, and is currently resisting at 0.069.
MINGYUAN MEDICARE (SHU.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.080, and is currently resisting at 0.069.

Stock Trading Conclusion:
MINGYUAN MEDICARE (SHU.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.062, 0.064, 0.065, 0.066, 0.068, 0.069, 0.070, 0.080, 0.090.
Stock Support levels : 0.057,.