Today we will analyze the stock MEADVILLE (3313.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in MEADVILLE (3313.HK)
1- Last bearish trend was from 1.25 $ (2/4/2010) to 1.17 $ (2/26/2010) a 0.08 $ move 2- The current bullish trend started from 1.17 $ at 2/26/2010 and is currently trading at 3.16 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
MEADVILLE (3313.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 1.170 and 1.160, and is currently supporting at 1.189.
MEADVILLE (3313.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 1.920 $ height triangle which was broken up at 1.230, target of the pattern is 3.150.
MEADVILLE (3313.HK) Long term stock chart patterns for internet stock trading :


Stock Trading Conclusion:
MEADVILLE (3313.HK) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 2.69, 2.40, 2.16, 1.93, 1.19, 1.17,.