Today we will analyze the stock GRAND INV INTL (1160.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in GRAND INV INTL (1160.HK)
1- Last bearish trend was from 0.62 $ (1/22/2014) to 0.50 $ (2/5/2014) a 0.12 $ move 2- The current bullish trend started from 0.50 $ at 2/5/2014 and is currently trading at 0.52 $.
3- 1160.HK current support level is at 0.50 which is the 0.00 % fibonacci retracement of the last 0.12 $ move.
4- 1160.HK current resistance level is at 0.53 which is the 23.60 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
GRAND INV INTL (1160.HK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.500 and 0.600,resistance between 0.620 and 0.690, the stock channel is currently supported from below by 0.461 and resisted from above by 0.575.
GRAND INV INTL (1160.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.460 and 0.430 that was broken down at 0.620 transforming into a resistance line.
GRAND INV INTL (1160.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
GRAND INV INTL (1160.HK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.528, 0.546, 0.560, 0.574, 0.620, 0.653, 0.694, 0.805.
Stock Support levels : 0.515, 0.512, 0.510, 0.508, 0.500,.