Today we will analyze the stock CHINA ADVANCED CONST (CADC.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CHINA ADVANCED CONST (CADC.OB)
1- Last bearish trend was from 2.22 $ (4/12/2012) to 2.05 $ (4/30/2012) a 0.17 $ move 2- The current bullish trend started from 2.05 $ at 4/30/2012 and is currently trading at 2.12 $.
3- CADC.OB current support level is at 2.11 which is the 38.20 % fibonacci retracement of the last 0.17 $ move.
4- CADC.OB current resistance level is at 2.13 which is the 50.00 % fibonacci retracement of the last 0.17 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CHINA ADVANCED CONST (CADC.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.050 .
7- The Stock formed a 0.380 $ height triangle which was broken up at 2.150, target of the pattern is 2.530.
CHINA ADVANCED CONST (CADC.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 1.030 $ height triangle which was broken up at 2.120 in higher than usual volume, target of the pattern is 3.150 which was broken down at 2.110, target of the pattern is 1.080.
CHINA ADVANCED CONST (CADC.OB) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHINA ADVANCED CONST (CADC.OB) was trading in a strong bearish 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 : 2.13, 2.15, 2.16, 2.22, 2.27, 2.33, 2.53, 3.15.
Stock Support levels : 2.11, 2.11, 2.10, 2.09, 2.09, 2.09, 2.08, 2.05, 1.82,.