Today we will analyze the stock CHINA DIRECT (CH4.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CHINA DIRECT (CH4.F)
1- Last bearish trend was from 3.56 $ (9/15/2008) to 2.79 $ (9/18/2008) a 0.77 $ move 2- The current bullish trend started from 2.79 $ at 9/18/2008 and is currently trading at 3.40 $.
3- CH4.F current support level is at 3.27 which is the 61.80 % fibonacci retracement of the last 0.77 $ move.
4- CH4.F current resistance level is at 3.56 which is the 100.00 % fibonacci retracement of the last 0.77 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CHINA DIRECT (CH4.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3.560 and 4.770 that was broken up at 3.400 transforming into a supporting line.
CHINA DIRECT (CH4.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.560 and 4.770 that was broken up at 3.400 transforming into a supporting line.
CHINA DIRECT (CH4.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.560 and 4.770 that was broken up at 3.400 transforming into a supporting line.

Stock Trading Conclusion:
CHINA DIRECT (CH4.F) was trading in a 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 : 3.56, 3.77, 4.04.
Stock Support levels : 3.27, 3.26, 3.17, 3.17, 3.10, 3.08, 3.02, 2.97, 2.95, 2.79,.