Today we will analyze the stock CHINA PHARMA (1093.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHINA PHARMA (1093.HK)
1- Last bullish trend was from 6.04 $ (2/5/2014) to 7.73 $ (3/5/2014) a 1.69 $ move 2- The current bearish trend started from 7.73 $ at 3/5/2014 and is currently trading at 7.65 $.
3- 1093.HK current support level is at 7.33 which is the 23.60 % fibonacci retracement of the last 1.69 $ move.
4- 1093.HK current resistance level is at 7.73 which is the 0.00 % fibonacci retracement of the last 1.69 $ move.
5- 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.
CHINA PHARMA (1093.HK) Short term stock chart patterns for internet stock trading :

None.
CHINA PHARMA (1093.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 6.040 and 3.840,resistance between 6.580 and 4.280 which was broken up at 7.190 in higher than usual volume.
CHINA PHARMA (1093.HK) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 4.280 that failed, and formed a support .
8- The Stock formed a 0.680 $ height triangle which was broken up at 4.280, target of the pattern is 4.960.

Stock Trading Conclusion:
CHINA PHARMA (1093.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 : 7.67, 7.68, 7.69, 7.70, 7.73,.
Stock Support levels : 7.33, 7.27, 7.08, 6.89, 6.69, 6.04, 5.58, 5.00, 4.24,.