Today we will analyze the stock MAANSHAN IRON -H- (YM9A.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in MAANSHAN IRON -H- (YM9A.DE)
1- Last bullish trend was from 0.42 $ (7/1/2009) to 0.51 $ (1/12/2010) a 0.09 $ move 2- The current bearish trend started from 0.51 $ at 1/12/2010 and is currently trading at 0.37 $.
3- YM9A.DE current support level is at 0.36 which is the 161.80 % fibonacci retracement of the last 0.09 $ move.
4- YM9A.DE current resistance level is at 0.40 which is the 127.20 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
MAANSHAN IRON -H- (YM9A.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.500 $ height triangle which was broken down at 0.380 in higher than usual volume, target of the pattern is -0.120.
MAANSHAN IRON -H- (YM9A.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.500 $ height triangle which was broken down at 0.380 in higher than usual volume, target of the pattern is -0.120.
MAANSHAN IRON -H- (YM9A.DE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.500 $ height triangle which was broken down at 0.380 in higher than usual volume, target of the pattern is -0.120.

Stock Trading Conclusion:
MAANSHAN IRON -H- (YM9A.DE) 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 : 0.396, 0.403, 0.420, 0.423, 0.440, 0.454, 0.457, 0.461, 0.465, 0.476, 0.489, 0.510, 0.640.
Stock Support levels : 0.364, 0.200, -0.120,.