Today we will analyze the stock XINGDA INT'L (1899.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in XINGDA INT'L (1899.HK)
1- Last bearish trend was from 4.10 $ (2/27/2014) to 3.73 $ (3/6/2014) a 0.37 $ move 2- The current bullish trend started from 3.73 $ at 3/6/2014 and is currently trading at 3.85 $.
3- 1899.HK current support level is at 3.82 which is the 23.60 % fibonacci retracement of the last 0.37 $ move.
4- 1899.HK current resistance level is at 3.87 which is the 38.20 % fibonacci retracement of the last 0.37 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
XINGDA INT'L (1899.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.100 and 4.230, and is currently resisting at 4.049.
XINGDA INT'L (1899.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.230 and 4.390 that was broken up at 3.850 transforming into a supporting line.
XINGDA INT'L (1899.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 3.010 and 2.940 that was broken down at 4.100 transforming into a resistance line.

Stock Trading Conclusion:
XINGDA INT'L (1899.HK) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.87, 3.91, 3.96, 4.05, 4.10, 4.20, 4.23, 4.33.
Stock Support levels : 3.82, 3.82, 3.80, 3.79, 3.78, 3.73,.