Today we will analyze the stock I-CABLE COMM (1097.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in I-CABLE COMM (1097.HK)
1- Last bearish trend was from 0.76 $ (2/17/2014) to 0.67 $ (2/25/2014) a 0.09 $ move 2- The current bullish trend started from 0.67 $ at 2/25/2014 and is currently trading at 0.70 $.
3- 1097.HK current support level is at 0.69 which is the 23.60 % fibonacci retracement of the last 0.09 $ move.
4- 1097.HK current resistance level is at 0.70 which is the 38.20 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
I-CABLE COMM (1097.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.670 and 0.640, and is currently supporting at 0.691.
I-CABLE COMM (1097.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.640 .
I-CABLE COMM (1097.HK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.640 .

Stock Trading Conclusion:
I-CABLE COMM (1097.HK) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.704, 0.715, 0.726, 0.760, 0.784, 0.816.
Stock Support levels : 0.693, 0.691, 0.691, 0.689, 0.685, 0.681, 0.670, 0.640,.