Today we will analyze the stock SHANSHUI CEMENT (0691.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in SHANSHUI CEMENT (0691.HK)
1- Last bearish trend was from 2.85 $ (2/12/2014) to 2.66 $ (2/24/2014) a 0.19 $ move 2- The current bullish trend started from 2.66 $ at 2/24/2014 and is currently trading at 2.81 $.
3- 0691.HK current support level is at 2.78 which is the 61.80 % fibonacci retracement of the last 0.19 $ move.
4- 0691.HK current resistance level is at 2.85 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SHANSHUI CEMENT (0691.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.610 $ height triangle which was broken up at 2.730, target of the pattern is 3.340.
SHANSHUI CEMENT (0691.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.610 $ height triangle which was broken up at 2.730, target of the pattern is 3.340.
SHANSHUI CEMENT (0691.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.410 and 3.740, and is currently resisting at 3.137.

Stock Trading Conclusion:
SHANSHUI CEMENT (0691.HK) was trading in a bearish wave, which is becoming weaker .
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 : 2.85, 2.90, 2.97, 3.14, 3.34,.
Stock Support levels : 2.78, 2.77, 2.76, 2.75, 2.74, 2.73, 2.72, 2.70, 2.66, 2.64,.