Today we will analyze the stock CHEONG MING INV (1196.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHEONG MING INV (1196.HK)
1- Last bearish trend was from 1.14 $ (2/14/2014) to 1.09 $ (2/18/2014) a 0.05 $ move 2- The current bullish trend started from 1.09 $ at 2/18/2014 and is currently trading at 1.30 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
CHEONG MING INV (1196.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 1.090 .
5- The Stock formed a 0.140 $ height triangle which was broken up at 1.090, target of the pattern is 1.230.
CHEONG MING INV (1196.HK) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.090 and 0.960 that was broken down at 1.300 transforming into a resistance line.
CHEONG MING INV (1196.HK) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.090 and 0.960 that was broken down at 1.300 transforming into a resistance line.

Stock Trading Conclusion:
CHEONG MING INV (1196.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 : 1.32,.
Stock Support levels : 1.25, 1.22, 1.19, 1.17, 1.09,.