Today we will analyze the stock CHINA STEEL GDS (CNS.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in CHINA STEEL GDS (CNS.F)
1- Last bullish trend was from 12.33 $ (1/29/2014) to 12.81 $ (1/30/2014) a 0.48 $ move 2- The current bearish trend started from 12.81 $ at 1/30/2014 and is currently trading at 11.79 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CHINA STEEL GDS (CNS.F) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 12.330 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 12.810 .
CHINA STEEL GDS (CNS.F) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 12.000 and 10.960 that was broken down at 12.660 transforming into a resistance line.
CHINA STEEL GDS (CNS.F) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 10.960 and 12.460,resistance between 13.070 and 14.280, the stock channel is currently supported from below by 9.586 and resisted from above by 12.459.

Stock Trading Conclusion:
CHINA STEEL GDS (CNS.F) was trading in a 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 : 12.03, 12.18, 12.30, 12.33, 12.42, 12.59, 12.67, 12.75, 12.81, 15.36.
Stock Support levels :.