Today we will analyze the stock KARCE INTL HOLD (1159.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in KARCE INTL HOLD (1159.HK)
1- Last bullish trend was from 0.35 $ (1/7/2014) to 0.39 $ (1/8/2014) a 0.04 $ move 2- The current bearish trend started from 0.39 $ at 1/8/2014 and is currently trading at 0.38 $.
3- 1159.HK current support level is at 0.37 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
4- 1159.HK current resistance level is at 0.38 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
KARCE INTL HOLD (1159.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.390 .
7- The Stock formed a 0.050 $ height triangle.
KARCE INTL HOLD (1159.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.350 and 0.340, and is currently supporting at 0.370.
KARCE INTL HOLD (1159.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.350 and 0.340, and is currently supporting at 0.370.

Stock Trading Conclusion:
KARCE INTL HOLD (1159.HK) was trading in a strong bullish 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 : 0.381, 0.382, 0.384, 0.385, 0.386, 0.390,.
Stock Support levels : 0.375, 0.370, 0.370, 0.365, 0.350, 0.339,.