Today we will analyze the stock SMART UNION GP (2700.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in SMART UNION GP (2700.HK)
1- Last bearish trend was from 0.11 $ (10/13/2008) to 0.07 $ (10/15/2008) a 0.04 $ move 2- The current bullish trend started from 0.07 $ at 10/15/2008 and is currently trading at 0.10 $.
3- 2700.HK current support level is at 0.09 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- 2700.HK current resistance level is at 0.11 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SMART UNION GP (2700.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.140 that was broken up at 0.100 transforming into a supporting line.
SMART UNION GP (2700.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.140 that was broken up at 0.100 transforming into a supporting line.
SMART UNION GP (2700.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.140 that was broken up at 0.100 transforming into a supporting line.

Stock Trading Conclusion:
SMART UNION GP (2700.HK) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.110, 0.121, 0.135.
Stock Support levels : 0.095, 0.093, 0.090, 0.089, 0.085, 0.085, 0.081, 0.079, 0.070, -11.335,.