Today we will analyze the stock VITAL PHARM (1164.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in VITAL PHARM (1164.HK)
1- Last bearish trend was from 0.72 $ (3/3/2014) to 0.68 $ (3/6/2014) a 0.04 $ move 2- The current bullish trend started from 0.68 $ at 3/6/2014 and is currently trading at 0.75 $.
3- 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.
VITAL PHARM (1164.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.680 and 0.630, and is currently supporting at 0.692.
VITAL PHARM (1164.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.630 and 0.570, and is currently supporting at 0.680.
VITAL PHARM (1164.HK) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.170 $ height triangle which was broken up at 0.740 in higher than usual volume, target of the pattern is 0.910.

Stock Trading Conclusion:
VITAL PHARM (1164.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.910.
Stock Support levels : 0.733, 0.723, 0.715, 0.707, 0.692, 0.690, 0.680,.