Today we will analyze the stock NAM FONG INT'L (1176.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in NAM FONG INT'L (1176.HK)
1- Last bullish trend was from 2.79 $ (2/26/2014) to 3.22 $ (3/3/2014) a 0.43 $ move 2- The current bearish trend started from 3.22 $ at 3/3/2014 and is currently trading at 3.03 $.
3- 1176.HK current support level is at 3.01 which is the 50.00 % fibonacci retracement of the last 0.43 $ move.
4- 1176.HK current resistance level is at 3.06 which is the 38.20 % fibonacci retracement of the last 0.43 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
NAM FONG INT'L (1176.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.790 and 2.760, and is currently supporting at 2.806.
NAM FONG INT'L (1176.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.790 and 2.760, and is currently supporting at 2.806.
NAM FONG INT'L (1176.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.760 and 2.400, and is currently supporting at 2.940.

Stock Trading Conclusion:
NAM FONG INT'L (1176.HK) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.06, 3.07, 3.10, 3.12, 3.13, 3.15, 3.22,.
Stock Support levels : 3.01, 2.95, 2.94, 2.81, 2.79, 2.67,.