Today we will analyze the stock NINGBO YUNSHENG(GP 'A'CNY1 (600366.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in NINGBO YUNSHENG(GP 'A'CNY1 (600366.SS)
1- Last bullish trend was from 14.39 $ (2/25/2014) to 16.61 $ (3/3/2014) a 2.22 $ move 2- The current bearish trend started from 16.61 $ at 3/3/2014 and is currently trading at 14.62 $.
3- 600366.SS current support level is at 14.39 which is the 100.00 % fibonacci retracement of the last 2.22 $ move.
4- 600366.SS current resistance level is at 15.24 which is the 61.80 % fibonacci retracement of the last 2.22 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
NINGBO YUNSHENG(GP 'A'CNY1 (600366.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 14.390 and 12.600 that was broken down at 14.620 transforming into a resistance line.
NINGBO YUNSHENG(GP 'A'CNY1 (600366.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.390 and 12.600 that was broken down at 14.620 transforming into a resistance line.
NINGBO YUNSHENG(GP 'A'CNY1 (600366.SS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 14.390 and 12.600 that was broken down at 14.620 transforming into a resistance line.

Stock Trading Conclusion:
NINGBO YUNSHENG(GP 'A'CNY1 (600366.SS) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 15.03, 15.09, 15.24, 15.38, 15.50, 15.61, 15.76, 15.85, 16.09, 16.61,.
Stock Support levels : 14.39, 13.79,.