Today we will analyze the stock WONSON INT’L (0651.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in WONSON INT’L (0651.HK)
1- Last bullish trend was from 0.11 $ (3/6/2012) to 0.12 $ (3/7/2012) a 0.01 $ move 2- The current bearish trend started from 0.12 $ at 3/7/2012 and is currently trading at 0.07 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
WONSON INT’L (0651.HK) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.110 and 0.120,resistance between 0.120 and 0.130 which was broken down at 0.090.
WONSON INT’L (0651.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.110 and 0.120,resistance between 0.120 and 0.130 which was broken down at 0.090.
WONSON INT’L (0651.HK) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.030 $ height triangle which was broken down at 0.110, target of the pattern is 0.080.

Stock Trading Conclusion:
WONSON INT’L (0651.HK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.080, 0.082, 0.089, 0.095, 0.101, 0.120, 0.124.
Stock Support levels :.