Today we will analyze the stock MING AN HOLD (1389.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in MING AN HOLD (1389.HK)
1- Last bullish trend was from 1.99 $ (9/29/2009) to 2.51 $ (10/13/2009) a 0.52 $ move 2- The current bearish trend started from 2.51 $ at 10/13/2009 and is currently trading at 2.45 $.
3- 1389.HK current support level is at 2.39 which is the 23.60 % fibonacci retracement of the last 0.52 $ move.
4- 1389.HK current resistance level is at 2.51 which is the 0.00 % fibonacci retracement of the last 0.52 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
MING AN HOLD (1389.HK) Short term stock chart patterns for internet stock trading :

None.
MING AN HOLD (1389.HK) Mid term stock chart patterns for internet stock trading :

None.
MING AN HOLD (1389.HK) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.990 and 1.810, and is currently supporting at 2.122.

Stock Trading Conclusion:
MING AN HOLD (1389.HK) was trading in a strong bullish 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 : 2.46, 2.47, 2.48, 2.49, 2.51,.
Stock Support levels : 2.39, 2.31, 2.25, 2.19, 2.12, 1.99, 1.85,.