Today we will analyze the stock CHINA DIRECT (CH4A.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in CHINA DIRECT (CH4A.DE)
1- Last bearish trend was from 1.01 $ (2/18/2011) to 0.81 $ (4/1/2011) a 0.20 $ move 2- The current bullish trend started from 0.81 $ at 4/1/2011 and is currently trading at 1.10 $.
3- CH4A.DE current support level is at 1.06 which is the 127.20 % fibonacci retracement of the last 0.20 $ move.
4- CH4A.DE current resistance level is at 1.13 which is the 161.80 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CHINA DIRECT (CH4A.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.010 and 1.120 that was broken up at 1.100 transforming into a supporting line.
CHINA DIRECT (CH4A.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.010 and 1.120 that was broken up at 1.100 transforming into a supporting line.
CHINA DIRECT (CH4A.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.010 and 1.120 that was broken up at 1.100 transforming into a supporting line.

Stock Trading Conclusion:
CHINA DIRECT (CH4A.DE) was trading in a strong bullish 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 : 1.13.
Stock Support levels : 1.06, 1.03, 1.01, 0.99, 0.96, 0.93, 0.92, 0.91, 0.89, 0.86, 0.85, 0.81,.