Today we will analyze the stock GOLDEN RESORTS (1031.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in GOLDEN RESORTS (1031.HK)
1- Last bullish trend was from 0.91 $ (2/19/2014) to 0.95 $ (2/28/2014) a 0.04 $ move 2- The current bearish trend started from 0.95 $ at 2/28/2014 and is currently trading at 0.92 $.
3- 1031.HK current support level is at 0.91 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- 1031.HK current resistance level is at 0.93 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GOLDEN RESORTS (1031.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.950 .
7- The Stock formed a 0.160 $ height triangle which was broken down at 0.920 in higher than usual volume, target of the pattern is 0.760.
GOLDEN RESORTS (1031.HK) Mid term stock chart patterns for internet stock trading :

None.
GOLDEN RESORTS (1031.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.690 and 0.620, and is currently supporting at 0.731.

Stock Trading Conclusion:
GOLDEN RESORTS (1031.HK) was trading in a 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 : 0.925, 0.927, 0.930, 0.931, 0.935, 0.935, 0.939, 0.941, 0.950, 1.008.
Stock Support levels : 0.910, 0.899, 0.885, 0.760,.