Today we will analyze the stock NGAI HING HONG (1047.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in NGAI HING HONG (1047.HK)
1- Last bullish trend was from 0.55 $ (3/5/2014) to 0.57 $ (3/6/2014) a 0.02 $ move 2- The current bearish trend started from 0.57 $ at 3/6/2014 and is currently trading at 0.53 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
NGAI HING HONG (1047.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.570 and 0.650, and is currently resisting at 0.557.
NGAI HING HONG (1047.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.320 $ height triangle which was broken down at 0.620 in higher than usual volume, target of the pattern is 0.300.
NGAI HING HONG (1047.HK) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.490 and 0.470, and is currently supporting at 0.507.

Stock Trading Conclusion:
NGAI HING HONG (1047.HK) was trading in a bearish wave, which is becoming stronger .
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 : 0.539, 0.545, 0.550, 0.555, 0.557, 0.570, 0.650, 0.724.
Stock Support levels : 0.507,.