Today we will analyze the stock PEGASUS INT'L (0676.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in PEGASUS INT'L (0676.HK)
1- Last bullish trend was from 1.07 $ (10/3/2013) to 1.11 $ (11/25/2013) a 0.04 $ move 2- The current bearish trend started from 1.11 $ at 11/25/2013 and is currently trading at 1.06 $.
3- 0676.HK current support level is at 1.06 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- 0676.HK current resistance level is at 1.07 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
PEGASUS INT'L (0676.HK) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1.110 .
8- The Stock formed a 0.080 $ height triangle which was broken down at 1.090 in higher than usual volume, target of the pattern is 1.010.
PEGASUS INT'L (0676.HK) Mid term stock chart patterns for internet stock trading :

9- The Stock formed a 0.380 $ height triangle which was broken up at 1.060, target of the pattern is 1.440.
PEGASUS INT'L (0676.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PEGASUS INT'L (0676.HK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.07, 1.07, 1.08, 1.09, 1.09, 1.09, 1.09, 1.09, 1.10, 1.11, 1.17, 1.44.
Stock Support levels : 1.06, 1.05, 1.01,.