Today we will analyze the stock NANYANG HOLD (0212.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in NANYANG HOLD (0212.HK)
1- Last bullish trend was from 31.10 $ (9/6/2013) to 33.95 $ (1/20/2014) a 2.85 $ move 2- The current bearish trend started from 33.95 $ at 1/20/2014 and is currently trading at 33.30 $.
3- 0212.HK current support level is at 33.28 which is the 23.60 % fibonacci retracement of the last 2.85 $ move.
4- 0212.HK current resistance level is at 33.95 which is the 0.00 % fibonacci retracement of the last 2.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
NANYANG HOLD (0212.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 31.100 and 29.300 that was broken down at 33.300 transforming into a resistance line.
NANYANG HOLD (0212.HK) Mid term stock chart patterns for internet stock trading :

None.
NANYANG HOLD (0212.HK) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 29.300 and 21.500,resistance between 33.400 and 25.350 which was broken down at 33.650 in higher than usual volume.

Stock Trading Conclusion:
NANYANG HOLD (0212.HK) was trading in a strong bullish wave, which is becoming weaker .
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 : 33.45, 33.55, 33.63, 33.70, 33.95, 34.56, 35.55.
Stock Support levels : 33.28, 32.86, 32.53, 32.19, 31.10, 30.32,.