Today we will analyze the stock CHINA RECYCLING ENER (CREG.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CHINA RECYCLING ENER (CREG.OB)
1- Last bullish trend was from 4.13 $ (4/8/2010) to 4.52 $ (4/9/2010) a 0.39 $ move 2- The current bearish trend started from 4.52 $ at 4/9/2010 and is currently trading at 3.94 $.
3- CREG.OB current support level is at 3.89 which is the 161.80 % fibonacci retracement of the last 0.39 $ move.
4- CREG.OB current resistance level is at 4.02 which is the 127.20 % fibonacci retracement of the last 0.39 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
CHINA RECYCLING ENER (CREG.OB) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.520 and 5.900 that was broken up at 4.210 transforming into a supporting line.
CHINA RECYCLING ENER (CREG.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.520 and 5.900 that was broken up at 4.210 transforming into a supporting line.
CHINA RECYCLING ENER (CREG.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4.520 and 5.900 that was broken up at 4.210 transforming into a supporting line.

Stock Trading Conclusion:
CHINA RECYCLING ENER (CREG.OB) was trading in a strong bearish wave, which is becoming stronger .
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 : 4.02, 4.08, 4.13, 4.16, 4.23, 4.28, 4.30, 4.32, 4.37, 4.43, 4.52,.
Stock Support levels : 3.89, 3.14,.