Today we will analyze the stock CHINA PHARMA HLDGS (XQJ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CHINA PHARMA HLDGS (XQJ.BE)
1- Last bearish trend was from 1.60 $ (4/6/2011) to 1.55 $ (4/7/2011) a 0.05 $ move 2- The current bullish trend started from 1.55 $ at 4/7/2011 and is currently trading at 1.65 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CHINA PHARMA HLDGS (XQJ.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 1.550 .
5- The Stock formed a 0.270 $ height triangle which was broken up at 1.630, target of the pattern is 1.900.
CHINA PHARMA HLDGS (XQJ.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.550 .
7- The Stock formed a 0.550 $ height triangle which was broken up at 1.810, target of the pattern is 2.360.
CHINA PHARMA HLDGS (XQJ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.830 and 2.100 that was broken up at 1.810 transforming into a supporting line.

Stock Trading Conclusion:
CHINA PHARMA HLDGS (XQJ.BE) was trading in a bearish wave, which is becoming stronger .
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 : 1.90, 2.36.
Stock Support levels : 1.63, 1.61, 1.60, 1.59, 1.55, 1.47, 1.40,.