Stock Technical indicators to notice in FORTUNE SUN (0352.HK)
1- Last bearish trend was from 0.44 $ (3/27/2012) to 0.41 $ (5/2/2012) a 0.03 $ move 2- The current bullish trend started from 0.41 $ at 5/2/2012 and is currently trading at 0.44 $.
4- 0352.HK current resistance level is at 0.45 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
FORTUNE SUN (0352.HK) Short term stock chart patterns for internet stock trading :
7- The Stock formed a 0.080 $ height triangle which was broken up at 0.430, target of the pattern is 0.510.
FORTUNE SUN (0352.HK) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 0.120 $ height triangle which was broken up at 0.430, target of the pattern is 0.550.
FORTUNE SUN (0352.HK) Long term stock chart patterns for internet stock trading :
9- The Stock formed Double Top Pattern at 0.500 .
10- The Stock formed a 0.150 $ height triangle.
Stock Trading Conclusion:
FORTUNE SUN (0352.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 : 0.448, 0.459, 0.500, 0.510, 0.550.
Stock Support levels : 0.433, 0.429, 0.425, 0.421, 0.417, 0.410, 0.364,.