Today we will analyze the stock ALIBABA (1688.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in ALIBABA (1688.HK)
1- Last bearish trend was from 8.77 $ (2/2/2012) to 8.50 $ (2/3/2012) a 0.27 $ move 2- The current bullish trend started from 8.50 $ at 2/3/2012 and is currently trading at 13.34 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
ALIBABA (1688.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.550 $ height triangle which was broken up at 8.770, target of the pattern is 9.320.
ALIBABA (1688.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 1.680 $ height triangle which was broken up at 9.250 in higher than usual volume, target of the pattern is 10.930.
ALIBABA (1688.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ALIBABA (1688.HK) was trading in a strong bullish 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 : .
Stock Support levels : 12.20, 11.49, 10.92, 10.35, 9.01, 8.50,.