Today we will analyze the stock RONTEX INT'L (1142.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in RONTEX INT'L (1142.HK)
1- Last bullish trend was from 0.22 $ (4/8/2013) to 0.24 $ (4/12/2013) a 0.02 $ move 2- The current bearish trend started from 0.24 $ at 4/12/2013 and is currently trading at 0.23 $.
3- 1142.HK current support level is at 0.23 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- 1142.HK current resistance level is at 0.23 which is the 38.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
RONTEX INT'L (1142.HK) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.220 and 0.290,resistance between 0.240 and 0.310 which was broken up at 0.230.
RONTEX INT'L (1142.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.310 and 0.330 that was broken up at 0.230 transforming into a supporting line.
RONTEX INT'L (1142.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
RONTEX INT'L (1142.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 : 0.232, 0.232, 0.234, 0.235, 0.235, 0.236, 0.240,.
Stock Support levels : 0.230, 0.228, 0.220, 0.215, 0.208, -0.166,.