Today we will analyze the stock CHENGDU PUTIAN (1202.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHENGDU PUTIAN (1202.HK)
1- Last bearish trend was from 1.00 $ (2/7/2014) to 0.96 $ (2/13/2014) a 0.04 $ move 2- The current bullish trend started from 0.96 $ at 2/13/2014 and is currently trading at 1.09 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
4- Bearish Divergance in MACD Indicator .
CHENGDU PUTIAN (1202.HK) Short term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.960 .
CHENGDU PUTIAN (1202.HK) Mid term stock chart patterns for internet stock trading :

None.
CHENGDU PUTIAN (1202.HK) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.960 and 0.900, and is currently supporting at 0.966.

Stock Trading Conclusion:
CHENGDU PUTIAN (1202.HK) was trading in a strong bullish wave, which is becoming weaker .
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 : .
Stock Support levels : 1.06, 1.04, 1.02, 1.01, 0.97, 0.96,.