Today we will analyze the stock VEEKO INT'L (1173.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in VEEKO INT'L (1173.HK)
1- Last bullish trend was from 0.35 $ (2/27/2014) to 0.37 $ (3/3/2014) a 0.02 $ move 2- The current bearish trend started from 0.37 $ at 3/3/2014 and is currently trading at 0.35 $.
3- 1173.HK current support level is at 0.34 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- 1173.HK current resistance level is at 0.35 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.
VEEKO INT'L (1173.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.350 .
7- The Stock formed a 0.030 $ height triangle.
VEEKO INT'L (1173.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.070 $ height triangle which was broken down at 0.350, target of the pattern is 0.280.
VEEKO INT'L (1173.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.340 and 0.320 that was broken down at 0.360 transforming into a resistance line.

Stock Trading Conclusion:
VEEKO INT'L (1173.HK) was trading in a strong bullish 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 : 0.355, 0.358, 0.360, 0.360, 0.362, 0.365, 0.370, 0.373, 0.396.
Stock Support levels : 0.345, 0.338,.