Today we will analyze the stock WATER OASIS GP (1161.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in WATER OASIS GP (1161.HK)
1- Last bullish trend was from 0.56 $ (3/4/2014) to 0.58 $ (3/5/2014) a 0.02 $ move 2- The current bearish trend started from 0.58 $ at 3/5/2014 and is currently trading at 0.56 $.
3- 1161.HK current support level is at 0.55 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- 1161.HK current resistance level is at 0.56 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
WATER OASIS GP (1161.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.080 $ height triangle which was broken down at 0.560 in higher than usual volume, target of the pattern is 0.480.
WATER OASIS GP (1161.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.520 .
WATER OASIS GP (1161.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
WATER OASIS GP (1161.HK) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.565, 0.566, 0.568, 0.570, 0.572, 0.575, 0.580,.
Stock Support levels : 0.555, 0.548, 0.520,.