Today we will analyze the stock EC-FOUNDER (0618.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in EC-FOUNDER (0618.HK)
1- Last bullish trend was from 0.25 $ (4/23/2012) to 0.26 $ (4/24/2012) a 0.01 $ move 2- The current bearish trend started from 0.26 $ at 4/24/2012 and is currently trading at 0.24 $.
3- According to ADX Indicator, the trend is currently bearish, 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.
EC-FOUNDER (0618.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.250 that failed and formed a resistance.
5- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.290 that was broken up at 0.250 transforming into a supporting line.
EC-FOUNDER (0618.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.250 and 0.240,resistance between 0.290 and 0.280 which was broken down at 0.250.
EC-FOUNDER (0618.HK) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 0.250 and 0.240,resistance between 0.290 and 0.280 which was broken down at 0.250.

Stock Trading Conclusion:
EC-FOUNDER (0618.HK) was trading in a bearish 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 : 0.245, 0.248, 0.250, 0.252, 0.260, 0.280, 0.300,.
Stock Support levels : 0.155.