Today we will analyze the stock HANGZHOU SILAN MIC ‘A’CNY1 (600460.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in HANGZHOU SILAN MIC ‘A’CNY1 (600460.SS)
1- Last bearish trend was from 11.56 $ (4/12/2012) to 10.08 $ (4/26/2012) a 1.48 $ move 2- The current bullish trend started from 10.08 $ at 4/26/2012 and is currently trading at 10.69 $.
3- 600460.SS current support level is at 10.65 which is the 38.20 % fibonacci retracement of the last 1.48 $ move.
4- 600460.SS current resistance level is at 10.82 which is the 50.00 % fibonacci retracement of the last 1.48 $ 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.
HANGZHOU SILAN MIC ‘A’CNY1 (600460.SS) Short term stock chart patterns for internet stock trading :

None.
HANGZHOU SILAN MIC ‘A’CNY1 (600460.SS) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 11.560 and 13.320 that was broken up at 10.690 transforming into a supporting line.
HANGZHOU SILAN MIC ‘A’CNY1 (600460.SS) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 13.320 and 13.950, and is currently resisting at 13.068.

Stock Trading Conclusion:
HANGZHOU SILAN MIC ‘A’CNY1 (600460.SS) 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 : 10.82, 10.99, 11.56, 11.96, 12.47, 13.07.
Stock Support levels : 10.65, 10.55, 10.46, 10.43, 10.39, 10.33, 10.31, 10.08,.