Today we will analyze the stock DONGFANG ELEC (1072.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in DONGFANG ELEC (1072.HK)
1- Last bearish trend was from 11.52 $ (2/19/2014) to 11.14 $ (2/24/2014) a 0.38 $ move 2- The current bullish trend started from 11.14 $ at 2/24/2014 and is currently trading at 12.74 $.
3- According to ADX Indicator, the trend is currently 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.
DONGFANG ELEC (1072.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 11.140 .
5- The Stock formed Double Top Pattern at 11.520 that failed, and formed a support .
DONGFANG ELEC (1072.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 10.540 and 12.580,resistance between 13.600 and 14.700 which was broken up at 12.240 in higher than usual volume.
DONGFANG ELEC (1072.HK) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.540 and 10.040, and is currently supporting at 10.613.

Stock Trading Conclusion:
DONGFANG ELEC (1072.HK) was trading in a 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 : 12.36, 12.13, 11.94, 11.75, 11.57, 11.20, 11.14, 11.09,.