Today we will analyze the stock KITH HOLDINGS (1201.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in KITH HOLDINGS (1201.HK)
1- Last bearish trend was from 0.78 $ (12/10/2013) to 0.67 $ (12/16/2013) a 0.11 $ move 2- The current bullish trend started from 0.67 $ at 12/16/2013 and is currently trading at 0.70 $.
3- 1201.HK current support level is at 0.70 which is the 23.60 % fibonacci retracement of the last 0.11 $ move.
4- 1201.HK current resistance level is at 0.71 which is the 38.20 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
KITH HOLDINGS (1201.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.780 and 0.850 that was broken up at 0.700 transforming into a supporting line.
KITH HOLDINGS (1201.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.710 and 0.670 that was broken down at 0.700 transforming into a resistance line.
KITH HOLDINGS (1201.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.710 and 0.670 that was broken down at 0.700 transforming into a resistance line.

Stock Trading Conclusion:
KITH HOLDINGS (1201.HK) was trading in a bearish wave, which is becoming stronger .
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 : 0.712, 0.725, 0.738, 0.780, 0.810, 0.848, 0.878,.
Stock Support levels : 0.696, 0.693, 0.689, 0.685, 0.681, 0.670,.