Today we will analyze the stock CHINA COSCO (1919.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHINA COSCO (1919.HK)
1- Last bearish trend was from 3.53 $ (2/12/2014) to 3.28 $ (2/26/2014) a 0.25 $ move 2- The current bullish trend started from 3.28 $ at 2/26/2014 and is currently trading at 3.40 $.
3- 1919.HK current support level is at 3.38 which is the 38.20 % fibonacci retracement of the last 0.25 $ move.
4- 1919.HK current resistance level is at 3.40 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
CHINA COSCO (1919.HK) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.280 and 3.170, and is currently supporting at 3.339.
CHINA COSCO (1919.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.960 $ height triangle which was broken up at 3.340, target of the pattern is 4.300.
CHINA COSCO (1919.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 4.130 and 4.160, and is currently resisting at 4.097.

Stock Trading Conclusion:
CHINA COSCO (1919.HK) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.40, 3.43, 3.53, 3.60, 3.68, 4.10, 4.30.
Stock Support levels : 3.38, 3.37, 3.35, 3.34, 3.34, 3.34, 3.33, 3.31, 3.28,.