Today we will analyze the stock IDS (2387.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in IDS (2387.HK)
1- Last bearish trend was from 25.55 $ (9/22/2010) to 23.80 $ (10/6/2010) a 1.75 $ move 2- The current bullish trend started from 23.80 $ at 10/6/2010 and is currently trading at 25.40 $.
3- 2387.HK current support level is at 24.88 which is the 61.80 % fibonacci retracement of the last 1.75 $ move.
4- 2387.HK current resistance level is at 25.55 which is the 100.00 % fibonacci retracement of the last 1.75 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
IDS (2387.HK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 23.800 and 14.310,resistance between 25.550 and 15.040 which was broken down at 25.400.
IDS (2387.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 23.800 and 12.190,resistance between 25.550 and 14.270 which was broken down at 25.400.
IDS (2387.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
IDS (2387.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 : 25.55, 26.03, 26.21, 26.63, 27.55.
Stock Support levels : 25.02, 24.88, 24.79, 24.67, 24.60, 24.47, 24.41, 24.21, 23.80,.