Today we will analyze the stock COMBA (2342.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in COMBA (2342.HK)
1- Last bullish trend was from 8.74 $ (6/2/2010) to 9.75 $ (6/14/2010) a 1.01 $ move 2- The current bearish trend started from 9.75 $ at 6/14/2010 and is currently trading at 9.40 $.
3- 2342.HK current support level is at 9.36 which is the 38.20 % fibonacci retracement of the last 1.01 $ move.
4- 2342.HK current resistance level is at 9.51 which is the 23.60 % fibonacci retracement of the last 1.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
COMBA (2342.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.740 and 8.150 that was broken down at 9.540 transforming into a resistance line.
COMBA (2342.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 3.630 $ height triangle which was broken up at 9.300, target of the pattern is 12.930 which was broken down at 9.540, target of the pattern is 5.910.
COMBA (2342.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 11.780 and 12.420, and is currently resisting at 10.729.

Stock Trading Conclusion:
COMBA (2342.HK) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 9.48, 9.51, 9.53, 9.57, 9.62, 9.75, 9.82, 10.73, 12.93.
Stock Support levels : 9.36, 9.24, 9.13, 8.74, 8.47, 8.12, 5.91,.