Today we will analyze the stock HIDILI INDUSTRY (1393.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in HIDILI INDUSTRY (1393.HK)
1- Last bearish trend was from 0.98 $ (2/21/2014) to 0.93 $ (3/6/2014) a 0.05 $ move 2- The current bullish trend started from 0.93 $ at 3/6/2014 and is currently trading at 0.94 $.
3- 1393.HK current support level is at 0.93 which is the 0.00 % fibonacci retracement of the last 0.05 $ move.
4- 1393.HK current resistance level is at 0.94 which is the 23.60 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
HIDILI INDUSTRY (1393.HK) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.930 and 0.950,resistance between 0.980 and 0.990, the stock channel is currently supported from below by 0.928 and resisted from above by 0.969.
HIDILI INDUSTRY (1393.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.340 and 1.380, and is currently resisting at 1.258.
HIDILI INDUSTRY (1393.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 1.340 and 1.500, and is currently resisting at 1.162.

Stock Trading Conclusion:
HIDILI INDUSTRY (1393.HK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.942, 0.949, 0.955, 0.961, 0.980, 0.994, 1.011, 1.162, 1.258.
Stock Support levels : 0.938, 0.936, 0.935, 0.934, 0.930,.