Today we will analyze the stock SHOUGANG CC CENTURY (CW7.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in SHOUGANG CC CENTURY (CW7.F)
1- Last bullish trend was from 0.02 $ (12/12/2012) to 0.03 $ (2/20/2013) a 0.01 $ move 2- The current bearish trend started from 0.03 $ at 2/20/2013 and is currently trading at 0.02 $.
3- CW7.F current support level is at 0.02 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- CW7.F current resistance level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SHOUGANG CC CENTURY (CW7.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.020 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.020, target of the pattern is 0.040.
SHOUGANG CC CENTURY (CW7.F) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.020 .
9- The Stock formed a 0.020 $ height triangle which was broken up at 0.020, target of the pattern is 0.040.
SHOUGANG CC CENTURY (CW7.F) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.020 .
11- The Stock formed a 0.020 $ height triangle which was broken up at 0.020, target of the pattern is 0.040.

Stock Trading Conclusion:
SHOUGANG CC CENTURY (CW7.F) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.022, 0.024, 0.025, 0.026, 0.028, 0.030, 0.040,.
Stock Support levels : 0.017, 0.014, -0.021,.