Today we will analyze the currency pair Hong Kong Dollar Swiss Franc (HKDCHF) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Hong Kong Dollar Swiss Franc (HKDCHF)
1- Last bullish trend was from 0.12 $ (2/1/2013) to 0.12 $ (3/27/2013) a 0.01 $ move 2- The current bearish trend started from 0.12 $ at 3/27/2013 and is currently trading at 0.12 $.
3- HKDCHF current support level is at 0.12 which is the 50.00 % fibonacci retracement of the last 0.01 $ move.
4- HKDCHF current resistance level is at 0.12 which is the 38.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Hong Kong Dollar Swiss Franc (HKDCHF) Short term stock chart patterns for internet stock trading :

6- the currency pair formed a 0.012 $ height triangle.
Hong Kong Dollar Swiss Franc (HKDCHF) Mid term stock chart patterns for internet stock trading :

7- the currency pair was supported by a support line, identified by two points: 0.115 and 0.111 that was broken down at 0.122 transforming into a resistance line.
Hong Kong Dollar Swiss Franc (HKDCHF) Long term stock chart patterns for internet stock trading :

8- the currency pair was resisted by a resistance line, identified by two points: 0.149 and 0.158, and is currently resisting at 0.131.

Stock Trading Conclusion:
Hong Kong Dollar Swiss Franc (HKDCHF) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.121, 0.121, 0.121, 0.121, 0.121, 0.122, 0.123, 0.131, 0.131.
Stock Support levels : 0.120, 0.119, 0.117, 0.115,.