Today we will analyze the stock WHEELOCK (0020.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in WHEELOCK (0020.HK)
1- Last bearish trend was from 24.65 $ (1/27/2012) to 23.70 $ (1/30/2012) a 0.95 $ move 2- The current bullish trend started from 23.70 $ at 1/30/2012 and is currently trading at 24.70 $.
3- 0020.HK current support level is at 24.65 which is the 100.00 % fibonacci retracement of the last 0.95 $ move.
4- 0020.HK current resistance level is at 24.91 which is the 127.20 % fibonacci retracement of the last 0.95 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
WHEELOCK (0020.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 23.700 and 18.380, and is currently supporting at 24.365.
WHEELOCK (0020.HK) Mid term stock chart patterns for internet stock trading :

None.
WHEELOCK (0020.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
WHEELOCK (0020.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 24.91, 25.24.
Stock Support levels : 24.65, 24.46, 24.37, 24.32, 24.29, 24.20, 24.17, 24.08, 24.06, 23.92, 23.70,.