Today we will analyze the stock CHINA LIFE INS -H- (CHL.HM) for internet stock trading in the HM stock market,
Stock Technical indicators to notice in CHINA LIFE INS -H- (CHL.HM)
1- Last bearish trend was from 2.06 $ (4/20/2012) to 1.99 $ (4/23/2012) a 0.07 $ move 2- The current bullish trend started from 1.99 $ at 4/23/2012 and is currently trading at 2.04 $.
3- CHL.HM current support level is at 2.03 which is the 61.80 % fibonacci retracement of the last 0.07 $ move.
4- CHL.HM current resistance level is at 2.06 which is the 100.00 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CHINA LIFE INS -H- (CHL.HM) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 1.990 and 1.920,resistance between 2.060 and 1.990 which was broken down at 2.040.
CHINA LIFE INS -H- (CHL.HM) Mid term stock chart patterns for internet stock trading :

None.
CHINA LIFE INS -H- (CHL.HM) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.900 and 1.780, and is currently supporting at 1.937.

Stock Trading Conclusion:
CHINA LIFE INS -H- (CHL.HM) was trading in a bullish 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 : 2.06, 2.07, 2.08, 2.10.
Stock Support levels : 2.03, 2.03, 2.03, 2.02, 2.02, 2.01, 2.01, 2.01, 1.99,.