Today we will analyze the stock SINO BIOPHARM (1177.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in SINO BIOPHARM (1177.HK)
1- Last bullish trend was from 6.02 $ (2/5/2014) to 7.61 $ (3/5/2014) a 1.59 $ move 2- The current bearish trend started from 7.61 $ at 3/5/2014 and is currently trading at 7.30 $.
3- 1177.HK current support level is at 7.23 which is the 23.60 % fibonacci retracement of the last 1.59 $ move.
4- 1177.HK current resistance level is at 7.61 which is the 0.00 % fibonacci retracement of the last 1.59 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SINO BIOPHARM (1177.HK) Short term stock chart patterns for internet stock trading :

None.
SINO BIOPHARM (1177.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 6.850 and 7.200 that was broken up at 6.400 transforming into a supporting line.
SINO BIOPHARM (1177.HK) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.020 and 4.740, and is currently supporting at 6.303.

Stock Trading Conclusion:
SINO BIOPHARM (1177.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 7.37, 7.42, 7.45, 7.49, 7.61,.
Stock Support levels : 7.23, 7.00, 6.82, 6.63, 6.30, 6.02, 5.59, 5.04,.