Today we will analyze the stock CSR (1766.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CSR (1766.HK)
1- Last bullish trend was from 5.41 $ (2/4/2014) to 6.05 $ (2/17/2014) a 0.64 $ move 2- The current bearish trend started from 6.05 $ at 2/17/2014 and is currently trading at 5.36 $.
3- 1766.HK current support level is at 5.24 which is the 127.20 % fibonacci retracement of the last 0.64 $ move.
4- 1766.HK current resistance level is at 5.41 which is the 100.00 % fibonacci retracement of the last 0.64 $ move.
5- According to ADX Indicator, the trend is currently bearish, 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.
6- Bullish Divergance in MACD Indicator .
CSR (1766.HK) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 6.050 and 6.310, and is currently resisting at 5.821.
CSR (1766.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 6.050 and 6.310, and is currently resisting at 5.821.
CSR (1766.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 6.050 and 6.310, and is currently resisting at 5.821.

Stock Trading Conclusion:
CSR (1766.HK) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 5.41, 5.52, 5.62, 5.65, 5.70, 5.73, 5.79, 5.81, 5.82, 5.90, 6.05,.
Stock Support levels : 5.24,.