Today we will analyze the stock OCT (ASIA) (3366.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in OCT (ASIA) (3366.HK)
1- Last bearish trend was from 1.90 $ (12/30/2011) to 1.77 $ (1/4/2012) a 0.13 $ move 2- The current bullish trend started from 1.77 $ at 1/4/2012 and is currently trading at 2.20 $.
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.
OCT (ASIA) (3366.HK) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.390 $ height triangle which was broken up at 1.900, target of the pattern is 2.290.
OCT (ASIA) (3366.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.390 $ height triangle which was broken up at 1.900, target of the pattern is 2.290.
OCT (ASIA) (3366.HK) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.090 and 2.150 that was broken up at 2.090 transforming into a supporting line.

Stock Trading Conclusion:
OCT (ASIA) (3366.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 : 2.29,.
Stock Support levels : 2.10, 2.04, 1.99, 1.93, 1.90, 1.77, 1.43,.