Today we will analyze the stock SUN INNOVATION (0547.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in SUN INNOVATION (0547.HK)
1- Last bullish trend was from 0.17 $ (4/30/2012) to 0.18 $ (5/2/2012) a 0.01 $ move 2- The current bearish trend started from 0.18 $ at 5/2/2012 and is currently trading at 0.17 $.
3- 0547.HK current support level is at 0.17 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- 0547.HK current resistance level is at 0.17 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SUN INNOVATION (0547.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.170 .
7- The Stock formed a 0.020 $ height triangle.
SUN INNOVATION (0547.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.200, and is currently resisting at 0.180.
SUN INNOVATION (0547.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.190 and 0.200, and is currently resisting at 0.180.

Stock Trading Conclusion:
SUN INNOVATION (0547.HK) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.172, 0.174, 0.175, 0.175, 0.176, 0.178, 0.180, 0.180,.
Stock Support levels : 0.167,.