Today we will analyze the stock CHONG HING BANK (1111.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHONG HING BANK (1111.HK)
1- Last bullish trend was from 34.35 $ (12/12/2013) to 35.90 $ (1/20/2014) a 1.55 $ move 2- The current bearish trend started from 35.90 $ at 1/20/2014 and is currently trading at 26.77 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
CHONG HING BANK (1111.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 4.450 $ height triangle which was broken down at 30.600, target of the pattern is 26.150.
CHONG HING BANK (1111.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 19.370 and 18.330 that was broken down at 26.770 transforming into a resistance line.
CHONG HING BANK (1111.HK) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 18.330 and 15.240 that was broken down at 26.770 transforming into a resistance line.

Stock Trading Conclusion:
CHONG HING BANK (1111.HK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 27.69, 28.92, 29.36, 30.26, 31.34, 32.41, 35.90, 36.02.
Stock Support levels : 26.15.