Today we will analyze the stock WANG ON GROUP (1222.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in WANG ON GROUP (1222.HK)
1- Last bearish trend was from 0.15 $ (2/24/2014) to 0.14 $ (2/25/2014) a 0.01 $ move 2- The current bullish trend started from 0.14 $ at 2/25/2014 and is currently trading at 0.15 $.
3- 1222.HK current support level is at 0.15 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- 1222.HK current resistance level is at 0.15 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
WANG ON GROUP (1222.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.140 and 0.130 that was broken down at 0.150 transforming into a resistance line.
WANG ON GROUP (1222.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.140 and 0.130 that was broken down at 0.150 transforming into a resistance line.
WANG ON GROUP (1222.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.130 and 0.100, and is currently supporting at 0.132.

Stock Trading Conclusion:
WANG ON GROUP (1222.HK) was trading in a strong bullish 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 : 0.153, 0.156, 0.170,.
Stock Support levels : 0.148, 0.146, 0.145, 0.144, 0.142, 0.140, 0.132,.