Today we will analyze the stock CHINA SKY ONE MED (CH2.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in CHINA SKY ONE MED (CH2.DE)
1- Last bullish trend was from 5.44 $ (9/10/2010) to 5.64 $ (10/11/2010) a 0.20 $ move 2- The current bearish trend started from 5.64 $ at 10/11/2010 and is currently trading at 2.77 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
CHINA SKY ONE MED (CH2.DE) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 5.640 and 15.150 that was broken up at 2.770 transforming into a supporting line.
CHINA SKY ONE MED (CH2.DE) Mid term stock chart patterns for internet stock trading :

None.
CHINA SKY ONE MED (CH2.DE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHINA SKY ONE MED (CH2.DE) was trading in a strong bearish wave, which is becoming stronger .
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 : 3.45, 3.87, 4.20, 4.54, 5.64.
Stock Support levels : 1.84.