Today we will analyze the stock EXTRAWELL PHAR (0858.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in EXTRAWELL PHAR (0858.HK)
1- Last bullish trend was from 0.41 $ (4/5/2012) to 0.47 $ (4/20/2012) a 0.06 $ move 2- The current bearish trend started from 0.47 $ at 4/20/2012 and is currently trading at 0.43 $.
3- 0858.HK current support level is at 0.41 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
4- 0858.HK current resistance level is at 0.43 which is the 61.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
EXTRAWELL PHAR (0858.HK) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.470 and 0.490, and is currently resisting at 0.464.
EXTRAWELL PHAR (0858.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.470 and 0.500, and is currently resisting at 0.461.
EXTRAWELL PHAR (0858.HK) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.410 .
10- The Stock formed a 0.120 $ height triangle.

Stock Trading Conclusion:
EXTRAWELL PHAR (0858.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 : 0.433, 0.439, 0.440, 0.445, 0.447, 0.450, 0.455, 0.456, 0.461, 0.464, 0.470,.
Stock Support levels : 0.410, 0.394,.