Today we will analyze the stock TIANGONG INT'L (0826.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in TIANGONG INT'L (0826.HK)
1- Last bearish trend was from 2.25 $ (2/14/2014) to 2.06 $ (2/26/2014) a 0.19 $ move 2- The current bullish trend started from 2.06 $ at 2/26/2014 and is currently trading at 2.18 $.
3- 0826.HK current support level is at 2.18 which is the 61.80 % fibonacci retracement of the last 0.19 $ move.
4- 0826.HK current resistance level is at 2.25 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TIANGONG INT'L (0826.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.250 .
TIANGONG INT'L (0826.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.260 and 2.550 that was broken up at 2.090 transforming into a supporting line.
TIANGONG INT'L (0826.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TIANGONG INT'L (0826.HK) was trading in a bullish 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 : 2.21, 2.24, 2.25, 2.30, 2.37.
Stock Support levels : 2.18, 2.15, 2.15, 2.13, 2.13, 2.12, 2.11, 2.10, 2.06,.