Today we will analyze the stock CHINA STARCH (3838.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in CHINA STARCH (3838.HK)
1- Last bullish trend was from 0.29 $ (3/23/2012) to 0.31 $ (3/26/2012) a 0.02 $ move 2- The current bearish trend started from 0.31 $ at 3/26/2012 and is currently trading at 0.27 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CHINA STARCH (3838.HK) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.310 and 0.320, and is currently resisting at 0.274.
CHINA STARCH (3838.HK) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.290 that failed and formed a resistance.
6- The Stock was resisted by a resistance line, identified by two points: 0.310 and 0.320, and is currently resisting at 0.274.
CHINA STARCH (3838.HK) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.110 $ height triangle which was broken down at 0.290 in higher than usual volume, target of the pattern is 0.180.

Stock Trading Conclusion:
CHINA STARCH (3838.HK) was trading in a bearish wave, which is becoming stronger .
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 : 0.274, 0.279, 0.285, 0.290, 0.290, 0.295, 0.310, 0.348.
Stock Support levels : 0.180.