Today we will analyze the stock NEW WORLD CHINA (0917.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in NEW WORLD CHINA (0917.HK)
1- Last bearish trend was from 1.99 $ (3/14/2012) to 1.84 $ (3/22/2012) a 0.15 $ move 2- The current bullish trend started from 1.84 $ at 3/22/2012 and is currently trading at 2.41 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
NEW WORLD CHINA (0917.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 1.990 and 2.130 that was broken up at 1.940 transforming into a supporting line.
NEW WORLD CHINA (0917.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 1.840 and 1.830, and is currently supporting at 1.847.
NEW WORLD CHINA (0917.HK) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 1.840 and 1.540,resistance between 2.130 and 1.820 which was broken up at 2.390.

Stock Trading Conclusion:
NEW WORLD CHINA (0917.HK) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 2.39, 2.28, 2.19, 2.13, 2.06, 1.85, 1.84,.