Today we will analyze the stock CHINA DIRECT (CH4A.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CHINA DIRECT (CH4A.F)
1- Last bearish trend was from 0.28 $ (5/3/2012) to 0.26 $ (5/4/2012) a 0.02 $ move 2- The current bullish trend started from 0.26 $ at 5/4/2012 and is currently trading at 0.28 $.
3- CH4A.F current support level is at 0.28 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- CH4A.F current resistance level is at 0.29 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CHINA DIRECT (CH4A.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.250 $ height triangle which was broken up at 0.260, target of the pattern is 0.510.
CHINA DIRECT (CH4A.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.250 $ height triangle which was broken up at 0.260, target of the pattern is 0.510.
CHINA DIRECT (CH4A.F) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHINA DIRECT (CH4A.F) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.285, 0.292, 0.510,.
Stock Support levels : 0.275, 0.272, 0.270, 0.270, 0.268, 0.265, 0.260, 0.070,.