Today we will analyze the stock VITOP BIOENERGY (1178.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in VITOP BIOENERGY (1178.HK)
1- Last bullish trend was from 0.09 $ (2/7/2014) to 0.11 $ (2/25/2014) a 0.02 $ move 2- The current bearish trend started from 0.11 $ at 2/25/2014 and is currently trading at 0.10 $.
3- 1178.HK current support level is at 0.10 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- 1178.HK current resistance level is at 0.10 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
VITOP BIOENERGY (1178.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.110 .
VITOP BIOENERGY (1178.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.110 .
VITOP BIOENERGY (1178.HK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.110 .

Stock Trading Conclusion:
VITOP BIOENERGY (1178.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 : 0.102, 0.104, 0.105, 0.105, 0.106, 0.110,.
Stock Support levels : 0.098, 0.090, 0.085,.