Today we will analyze the stock SHOUGANG CC INTL (SHV.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SHOUGANG CC INTL (SHV.BE)
1- Last bearish trend was from 0.10 $ (4/7/2011) to 0.09 $ (4/8/2011) a 0.01 $ move 2- The current bullish trend started from 0.09 $ at 4/8/2011 and is currently trading at 0.10 $.
3- SHV.BE current support level is at 0.10 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- SHV.BE current resistance level is at 0.10 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SHOUGANG CC INTL (SHV.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.090 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.100, target of the pattern is 0.120.
SHOUGANG CC INTL (SHV.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.090 .
9- The Stock formed a 0.020 $ height triangle which was broken up at 0.100, target of the pattern is 0.120.
SHOUGANG CC INTL (SHV.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.090 .
11- The Stock formed a 0.020 $ height triangle which was broken up at 0.100, target of the pattern is 0.120.

Stock Trading Conclusion:
SHOUGANG CC INTL (SHV.BE) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.103, 0.106, 0.110, 0.120,.
Stock Support levels : 0.099, 0.098, 0.096, 0.095, 0.094, 0.092, 0.090,.