Today we will analyze the stock BONJOUR HOLD (0653.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in BONJOUR HOLD (0653.HK)
1- Last bullish trend was from 1.13 $ (4/20/2012) to 1.18 $ (4/30/2012) a 0.05 $ move 2- The current bearish trend started from 1.18 $ at 4/30/2012 and is currently trading at 1.14 $.
3- 0653.HK current support level is at 1.13 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- 0653.HK current resistance level is at 1.15 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BONJOUR HOLD (0653.HK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 1.130 and 1.290,resistance between 1.180 and 1.390, the stock channel is currently supported from below by 1.072 and resisted from above by 1.157.
BONJOUR HOLD (0653.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.150 and 1.120 that was broken down at 1.150 transforming into a resistance line.
BONJOUR HOLD (0653.HK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 1.120 .

Stock Trading Conclusion:
BONJOUR HOLD (0653.HK) was trading in a strong bearish wave, which is becoming stronger .
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 : 1.15, 1.15, 1.15, 1.16, 1.16, 1.16, 1.16, 1.17, 1.18, 1.29.
Stock Support levels : 1.13, 1.12, 1.12,.