Today we will analyze the stock HIDONG ESTATE PLC (HID.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in HIDONG ESTATE PLC (HID.L)
1- Last bearish trend was from 50.00 $ (3/23/2012) to 5.00 $ (4/30/2012) a 45.00 $ move 2- The current bullish trend started from 5.00 $ at 4/30/2012 and is currently trading at 49.75 $.
3- HID.L current support level is at 32.81 which is the 61.80 % fibonacci retracement of the last 45.00 $ move.
4- HID.L current resistance level is at 50.00 which is the 100.00 % fibonacci retracement of the last 45.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
HIDONG ESTATE PLC (HID.L) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 5.000 $ and 50.000 $.

HIDONG ESTATE PLC (HID.L) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 5.000 $ and 50.000 $.

HIDONG ESTATE PLC (HID.L) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 5.000 $ and 50.000 $.


Stock Trading Conclusion:
HIDONG ESTATE PLC (HID.L) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 50.00, 62.24, 77.81.
Stock Support levels : 39.19, 32.81, 32.66, 27.50, 27.38, 22.19, 22.09, 15.62, 5.00,.