Today we will analyze the stock WAI CHUN GROUP (1013.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in WAI CHUN GROUP (1013.HK)
1- Last bullish trend was from 0.04 $ (12/27/2013) to 0.05 $ (1/1/2014) a 0.01 $ move 2- The current bearish trend started from 0.05 $ at 1/1/2014 and is currently trading at 0.04 $.
3- 1013.HK current support level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- 1013.HK current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
WAI CHUN GROUP (1013.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.040 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.040 in higher than usual volume, target of the pattern is 0.060.
WAI CHUN GROUP (1013.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.040 .
9- The Stock formed a 0.020 $ height triangle which was broken up at 0.040 in higher than usual volume, target of the pattern is 0.060.
WAI CHUN GROUP (1013.HK) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.040 .
11- The Stock formed a 0.020 $ height triangle which was broken up at 0.040 in higher than usual volume, target of the pattern is 0.060.

Stock Trading Conclusion:
WAI CHUN GROUP (1013.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 : 0.042, 0.044, 0.045, 0.046, 0.048, 0.050, 0.060,.
Stock Support levels : 0.037, 0.034,.