Today we will analyze the stock SINO PROSPER (0766.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in SINO PROSPER (0766.HK)
1- Last bullish trend was from 0.32 $ (1/13/2014) to 0.34 $ (1/23/2014) a 0.02 $ move 2- The current bearish trend started from 0.34 $ at 1/23/2014 and is currently trading at 0.29 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SINO PROSPER (0766.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.320 and 0.290 that was broken down at 0.330 transforming into a resistance line.
SINO PROSPER (0766.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.110 $ height triangle which was broken down at 0.310 in higher than usual volume, target of the pattern is 0.200.
SINO PROSPER (0766.HK) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.110 $ height triangle which was broken down at 0.310 in higher than usual volume, target of the pattern is 0.200.

Stock Trading Conclusion:
SINO PROSPER (0766.HK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.302, 0.309, 0.315, 0.321, 0.333, 0.340, 0.410.
Stock Support levels : 0.240, 0.200,.