Today we will analyze the stock JIANGSU SUNSHINE ‘A’CNY1 (600220.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in JIANGSU SUNSHINE ‘A’CNY1 (600220.SS)
1- Last bullish trend was from 3.34 $ (4/9/2012) to 3.70 $ (4/16/2012) a 0.36 $ move 2- The current bearish trend started from 3.70 $ at 4/16/2012 and is currently trading at 3.59 $.
3- 600220.SS current support level is at 3.56 which is the 38.20 % fibonacci retracement of the last 0.36 $ move.
4- 600220.SS current resistance level is at 3.62 which is the 23.60 % fibonacci retracement of the last 0.36 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
JIANGSU SUNSHINE ‘A’CNY1 (600220.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.340 and 3.300, and is currently supporting at 3.510.
JIANGSU SUNSHINE ‘A’CNY1 (600220.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.300 and 2.870, and is currently supporting at 3.488.
JIANGSU SUNSHINE ‘A’CNY1 (600220.SS) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.680 $ height triangle.

Stock Trading Conclusion:
JIANGSU SUNSHINE ‘A’CNY1 (600220.SS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.62, 3.62, 3.63, 3.64, 3.66, 3.70, 3.88.
Stock Support levels : 3.56, 3.52, 3.51, 3.49, 3.48, 3.34, 3.24,.