Today we will analyze the stock MAINLAND HOLD (1100.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in MAINLAND HOLD (1100.HK)
1- Last bearish trend was from 0.73 $ (2/27/2014) to 0.69 $ (3/4/2014) a 0.04 $ move 2- The current bullish trend started from 0.69 $ at 3/4/2014 and is currently trading at 0.74 $.
3- 1100.HK current support level is at 0.73 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- 1100.HK current resistance level is at 0.74 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
MAINLAND HOLD (1100.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.730 that failed, and formed a support .
7- The Stock was supported by a support line, identified by two points: 0.690 and 0.670, and is currently supporting at 0.694.
MAINLAND HOLD (1100.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.760 and 0.870 that was broken up at 0.700 transforming into a supporting line.
MAINLAND HOLD (1100.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.760 and 1.040 that was broken up at 0.700 transforming into a supporting line.

Stock Trading Conclusion:
MAINLAND HOLD (1100.HK) was trading in a bearish 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 : 0.741, 0.755.
Stock Support levels : 0.730, 0.728, 0.721, 0.715, 0.715, 0.710, 0.709, 0.705, 0.699, 0.694, 0.690, 0.657,.