Today we will analyze the stock QIANLONG TECH (8015.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in QIANLONG TECH (8015.HK)
1- Last bearish trend was from 0.66 $ (4/30/2012) to 0.61 $ (5/3/2012) a 0.05 $ move 2- The current bullish trend started from 0.61 $ at 5/3/2012 and is currently trading at 0.69 $.
3- 8015.HK current support level is at 0.67 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
4- 8015.HK current resistance level is at 0.69 which is the 161.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
QIANLONG TECH (8015.HK) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.610 and 0.600, and is currently supporting at 0.613.
QIANLONG TECH (8015.HK) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.610 and 0.600, and is currently supporting at 0.613.
QIANLONG TECH (8015.HK) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
QIANLONG TECH (8015.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 : 0.691.
Stock Support levels : 0.674, 0.671, 0.660, 0.659, 0.650, 0.641, 0.641, 0.635, 0.629, 0.622, 0.613, 0.610,.