Today we will analyze the stock BRILLIANCE CHI (1114.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in BRILLIANCE CHI (1114.HK)
1- Last bullish trend was from 11.80 $ (2/24/2014) to 12.16 $ (2/26/2014) a 0.36 $ move 2- The current bearish trend started from 12.16 $ at 2/26/2014 and is currently trading at 10.94 $.
3- According to ADX Indicator, the trend is currently bearish, 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.
BRILLIANCE CHI (1114.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.440 $ height triangle which was broken down at 11.860, target of the pattern is 10.420.
BRILLIANCE CHI (1114.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 12.700 and 12.940, and is currently resisting at 12.472.
BRILLIANCE CHI (1114.HK) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 6.340 $ height triangle which was broken down at 11.560, target of the pattern is 5.220.

Stock Trading Conclusion:
BRILLIANCE CHI (1114.HK) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 11.23, 11.41, 11.55, 11.69, 11.73, 12.16, 12.22, 12.47.
Stock Support levels : 10.42,.