Today we will analyze the stock SAC CEMENT (1060.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in SAC CEMENT (1060.HK)
1- Last bearish trend was from 0.36 $ (2/11/2014) to 0.34 $ (2/13/2014) a 0.02 $ move 2- The current bullish trend started from 0.34 $ at 2/13/2014 and is currently trading at 0.64 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SAC CEMENT (1060.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.340 and 0.300, and is currently supporting at 0.453.
SAC CEMENT (1060.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.300 and 0.370,resistance between 0.410 and 0.470 which was broken up at 0.360.
SAC CEMENT (1060.HK) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.300 and 0.370,resistance between 0.410 and 0.470 which was broken up at 0.360.

Stock Trading Conclusion:
SAC CEMENT (1060.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : .
Stock Support levels : 0.569, 0.525, 0.490, 0.455, 0.453, 0.340, 0.302,.