Today we will analyze the stock KARRIE INT'L (1050.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in KARRIE INT'L (1050.HK)
1- Last bullish trend was from 0.45 $ (3/3/2014) to 0.48 $ (3/6/2014) a 0.03 $ move 2- The current bearish trend started from 0.48 $ at 3/6/2014 and is currently trading at 0.46 $.
3- 1050.HK current support level is at 0.45 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- 1050.HK current resistance level is at 0.46 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
KARRIE INT'L (1050.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.480 and 0.520, and is currently resisting at 0.471.
KARRIE INT'L (1050.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.450 and 0.410 that was broken down at 0.460 transforming into a resistance line.
KARRIE INT'L (1050.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
KARRIE INT'L (1050.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 : 0.461, 0.461, 0.465, 0.465, 0.468, 0.469, 0.470, 0.471, 0.472, 0.473, 0.480,.
Stock Support levels : 0.450, 0.442, 0.431,.