Today we will analyze the stock CHANGCHUN GAS CO ‘A’CNY1 (600333.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in CHANGCHUN GAS CO ‘A’CNY1 (600333.SS)
1- Last bullish trend was from 6.75 $ (3/30/2012) to 7.48 $ (4/23/2012) a 0.73 $ move 2- The current bearish trend started from 7.48 $ at 4/23/2012 and is currently trading at 7.38 $.
3- 600333.SS current support level is at 7.31 which is the 23.60 % fibonacci retracement of the last 0.73 $ move.
4- 600333.SS current resistance level is at 7.48 which is the 0.00 % fibonacci retracement of the last 0.73 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHANGCHUN GAS CO ‘A’CNY1 (600333.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.480 and 7.910 that was broken up at 7.380 transforming into a supporting line.
CHANGCHUN GAS CO ‘A’CNY1 (600333.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 6.750 and 7.410,resistance between 7.910 and 8.290 which was broken up at 7.160 in higher than usual volume.
CHANGCHUN GAS CO ‘A’CNY1 (600333.SS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.750 and 6.290, and is currently supporting at 6.938.

Stock Trading Conclusion:
CHANGCHUN GAS CO ‘A’CNY1 (600333.SS) 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 : 7.40, 7.42, 7.43, 7.44, 7.48,.
Stock Support levels : 7.34, 7.31, 7.20, 7.11, 7.03, 6.94, 6.75, 6.55, 6.30,.