Today we will analyze the stock ASIAINFO HLDNG (AFB.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in ASIAINFO HLDNG (AFB.MU)
1- Last bearish trend was from 9.32 $ (4/16/2012) to 8.76 $ (4/20/2012) a 0.56 $ move 2- The current bullish trend started from 8.76 $ at 4/20/2012 and is currently trading at 9.33 $.
3- AFB.MU current support level is at 9.32 which is the 100.00 % fibonacci retracement of the last 0.56 $ move.
4- AFB.MU current resistance level is at 9.47 which is the 127.20 % fibonacci retracement of the last 0.56 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ASIAINFO HLDNG (AFB.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.780 $ height triangle which was broken up at 8.950, target of the pattern is 10.730.
ASIAINFO HLDNG (AFB.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.780 $ height triangle which was broken up at 8.950, target of the pattern is 10.730.
ASIAINFO HLDNG (AFB.MU) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 8.700 and 5.120,resistance between 10.480 and 6.690 which was broken down at 9.460.

Stock Trading Conclusion:
ASIAINFO HLDNG (AFB.MU) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 9.47, 9.67, 9.68, 10.73,.
Stock Support levels : 9.32, 9.20, 9.11, 9.11, 9.05, 9.04, 8.98, 8.97, 8.89, 8.76, 8.55,.