Today we will analyze the stock CHINA TRACKER (2801.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHINA TRACKER (2801.HK)
1- Last bearish trend was from 19.84 $ (3/14/2012) to 18.60 $ (4/11/2012) a 1.24 $ move 2- The current bullish trend started from 18.60 $ at 4/11/2012 and is currently trading at 19.34 $.
3- 2801.HK current support level is at 19.22 which is the 50.00 % fibonacci retracement of the last 1.24 $ move.
4- 2801.HK current resistance level is at 19.37 which is the 61.80 % fibonacci retracement of the last 1.24 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHINA TRACKER (2801.HK) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 19.840 and 20.400 that was broken up at 19.260 transforming into a supporting line.
CHINA TRACKER (2801.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 18.600 and 16.900, and is currently supporting at 18.978.
CHINA TRACKER (2801.HK) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 18.620 and 19.440 that was broken up at 18.000 transforming into a supporting line.

Stock Trading Conclusion:
CHINA TRACKER (2801.HK) was trading in a bullish 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 : 19.37, 19.84, 20.18, 20.61.
Stock Support levels : 19.22, 19.17, 19.07, 19.06, 18.98, 18.97, 18.89, 18.88, 18.60, 18.16,.