Today we will analyze the stock TA YANG GROUP (1991.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in TA YANG GROUP (1991.HK)
1- Last bearish trend was from 0.48 $ (2/26/2014) to 0.46 $ (2/28/2014) a 0.02 $ move 2- The current bullish trend started from 0.46 $ at 2/28/2014 and is currently trading at 0.48 $.
3- 1991.HK current support level is at 0.48 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
4- 1991.HK current resistance level is at 0.49 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
TA YANG GROUP (1991.HK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.460 .
7- The Stock formed a 0.100 $ height triangle which was broken up at 0.480 in higher than usual volume, target of the pattern is 0.580.
TA YANG GROUP (1991.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.460 and 0.440 that was broken down at 0.480 transforming into a resistance line.
TA YANG GROUP (1991.HK) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.440 and 0.410, and is currently supporting at 0.467.

Stock Trading Conclusion:
TA YANG GROUP (1991.HK) was trading in a bearish wave, which is becoming stronger .
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 : 0.485, 0.492, 0.515, 0.580.
Stock Support levels : 0.475, 0.472, 0.470, 0.468, 0.467, 0.465, 0.460,.