Today we will analyze the stock CHINA RAIL CONS (1186.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHINA RAIL CONS (1186.HK)
1- Last bullish trend was from 6.21 $ (2/5/2014) to 7.11 $ (2/19/2014) a 0.90 $ move 2- The current bearish trend started from 7.11 $ at 2/19/2014 and is currently trading at 5.95 $.
3- 1186.HK current support level is at 5.65 which is the 161.80 % fibonacci retracement of the last 0.90 $ move.
4- 1186.HK current resistance level is at 5.97 which is the 127.20 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CHINA RAIL CONS (1186.HK) Short term stock chart patterns for internet stock trading :

None.
CHINA RAIL CONS (1186.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.110 and 8.940, and is currently resisting at 6.750.
CHINA RAIL CONS (1186.HK) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 7.110 and 8.940, and is currently resisting at 6.750.

Stock Trading Conclusion:
CHINA RAIL CONS (1186.HK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 5.97, 6.21, 6.22, 6.39, 6.53, 6.55, 6.66, 6.67, 6.75, 6.77, 6.90, 7.11,.
Stock Support levels : 5.65.