Today we will analyze the stock CHINA WIRELESS (2369.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHINA WIRELESS (2369.HK)
1- Last bearish trend was from 2.54 $ (1/1/2014) to 2.41 $ (1/3/2014) a 0.13 $ move 2- The current bullish trend started from 2.41 $ at 1/3/2014 and is currently trading at 2.81 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CHINA WIRELESS (2369.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.260 $ height triangle which was broken up at 2.810 in higher than usual volume, target of the pattern is 3.070.
CHINA WIRELESS (2369.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 2.780 and 2.990 that was broken up at 2.810 transforming into a supporting line.
CHINA WIRELESS (2369.HK) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.780 and 3.270 that was broken up at 2.810 transforming into a supporting line.

Stock Trading Conclusion:
CHINA WIRELESS (2369.HK) was trading in a strong bullish wave, which is becoming weaker .
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 : 3.07.
Stock Support levels : 2.72, 2.66, 2.61, 2.57, 2.56, 2.56, 2.52,.