Today we will analyze the stock FU JI CATERING (1175.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in FU JI CATERING (1175.HK)
1- Last bearish trend was from 1.74 $ (2/21/2014) to 1.52 $ (3/3/2014) a 0.22 $ move 2- The current bullish trend started from 1.52 $ at 3/3/2014 and is currently trading at 1.57 $.
3- 1175.HK current support level is at 1.52 which is the 0.00 % fibonacci retracement of the last 0.22 $ move.
4- 1175.HK current resistance level is at 1.57 which is the 23.60 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
FU JI CATERING (1175.HK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 1.520 and 1.670,resistance between 1.740 and 1.820 which was broken up at 1.570.
FU JI CATERING (1175.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.390 and 1.380, and is currently supporting at 1.421.
FU JI CATERING (1175.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.820 and 2.110, and is currently resisting at 1.744.

Stock Trading Conclusion:
FU JI CATERING (1175.HK) was trading in a bullish wave, which is becoming weaker .
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 : 1.57, 1.60, 1.63, 1.66, 1.74, 1.74, 1.80, 1.88.
Stock Support levels : 1.56, 1.55, 1.55, 1.54, 1.52, 1.52,.