Today we will analyze the stock NANJING PANDA (0553.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in NANJING PANDA (0553.HK)
1- Last bearish trend was from 1.55 $ (1/19/2012) to 1.47 $ (1/26/2012) a 0.08 $ move 2- The current bullish trend started from 1.47 $ at 1/26/2012 and is currently trading at 1.60 $.
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.
NANJING PANDA (0553.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 1.470 and 1.320, and is currently supporting at 1.538.
NANJING PANDA (0553.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.160 $ height triangle which was broken up at 1.360, target of the pattern is 1.520.
NANJING PANDA (0553.HK) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 1.280 and 1.320,resistance between 1.440 and 1.480 which was broken up at 1.550 in higher than usual volume.

Stock Trading Conclusion:
NANJING PANDA (0553.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 1.57, 1.55, 1.54, 1.54, 1.52, 1.47, 1.36,.