CHINA PUBLIC SEC TEC (NASDAQ: CPBY) (NASDAQ:CPBY) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

Today we will analyze the stock CHINA PUBLIC SEC TEC (CPBY) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in CHINA PUBLIC SEC TEC (CPBY)
1- Last bullish trend was from 4.77 $ (2/25/2010) to 5.51 $ (3/5/2010) a 0.74 $ move 2- The current bearish trend started from 5.51 $ at 3/5/2010 and is currently trading at 5.29 $. 3- CPBY current support level is at 5.23 which is the 38.20 % fibonacci retracement of the last 0.74 $ move.
4- CPBY current resistance level is at 5.34 which is the 23.60 % fibonacci retracement of the last 0.74 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHINA PUBLIC SEC TEC (CPBY) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.770 and 4.720, and is currently supporting at 4.808.
CHINA PUBLIC SEC TEC (CPBY) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.570 $ height triangle which was broken up at 5.410 in higher than usual volume, target of the pattern is 5.980.
CHINA PUBLIC SEC TEC (CPBY) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 6.500 and 6.930, and is currently resisting at 6.092.

Stock Trading Conclusion:
CHINA PUBLIC SEC TEC (CPBY) 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 : 5.34, 5.34, 5.37, 5.40, 5.43, 5.51, 5.98, 6.09.
Stock Support levels : 5.23, 5.17, 5.14, 5.05, 4.81, 4.77, 4.57,.