Today we will analyze the stock CHINA TELECOM CORP (CHA.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in CHINA TELECOM CORP (CHA.BA)
1- Last bearish trend was from 107.95 $ (10/25/2010) to 100.90 $ (12/7/2010) a 7.05 $ move 2- The current bullish trend started from 100.90 $ at 12/7/2010 and is currently trading at 136.90 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CHINA TELECOM CORP (CHA.BA) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 100.900 and 81.750 that was broken down at 136.900 transforming into a resistance line.
CHINA TELECOM CORP (CHA.BA) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 100.900 and 81.750 that was broken down at 136.900 transforming into a resistance line.
CHINA TELECOM CORP (CHA.BA) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 52.600 $ height triangle which was broken up at 107.950 in higher than usual volume, target of the pattern is 160.550.

Stock Trading Conclusion:
CHINA TELECOM CORP (CHA.BA) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 139.20, 160.55.
Stock Support levels : 128.40, 123.15, 118.90, 114.65, 100.90,.