Today we will analyze the stock CHINA RUNJI CEMENT (CRJI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in CHINA RUNJI CEMENT (CRJI.OB)
1- Last bullish trend was from 0.01 $ (2/17/2012) to 0.06 $ (3/5/2012) a 0.05 $ move 2- The current bearish trend started from 0.06 $ at 3/5/2012 and is currently trading at 0.04 $.
3- CRJI.OB current support level is at 0.04 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
4- CRJI.OB current resistance level is at 0.04 which is the 38.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CHINA RUNJI CEMENT (CRJI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
CHINA RUNJI CEMENT (CRJI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
CHINA RUNJI CEMENT (CRJI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .

Stock Trading Conclusion:
CHINA RUNJI CEMENT (CRJI.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.041, 0.045, 0.048, 0.048, 0.050, 0.052, 0.060,.
Stock Support levels : 0.035, 0.029, 0.010, 0.010, -0.004,.