Today we will analyze the stock LAI SUN DEV (0488.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in LAI SUN DEV (0488.HK)
1- Last bullish trend was from 0.13 $ (3/14/2012) to 0.14 $ (3/16/2012) a 0.01 $ move 2- The current bearish trend started from 0.14 $ at 3/16/2012 and is currently trading at 0.12 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
LAI SUN DEV (0488.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.130 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.140 .
LAI SUN DEV (0488.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.130 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.140 .
LAI SUN DEV (0488.HK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.100 .

Stock Trading Conclusion:
LAI SUN DEV (0488.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.125, 0.128, 0.130, 0.132, 0.140,.
Stock Support levels : 0.100.