Today we will analyze the stock FENGFAN CO.LTD ‘A’CNY1 (600482.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in FENGFAN CO.LTD ‘A’CNY1 (600482.SS)
1- Last bearish trend was from 10.36 $ (4/23/2012) to 9.95 $ (4/27/2012) a 0.41 $ move 2- The current bullish trend started from 9.95 $ at 4/27/2012 and is currently trading at 10.41 $.
3- 600482.SS current support level is at 10.36 which is the 100.00 % fibonacci retracement of the last 0.41 $ move.
4- 600482.SS current resistance level is at 10.47 which is the 127.20 % fibonacci retracement of the last 0.41 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
FENGFAN CO.LTD ‘A’CNY1 (600482.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.950 and 9.720, and is currently supporting at 10.036.
FENGFAN CO.LTD ‘A’CNY1 (600482.SS) Mid term stock chart patterns for internet stock trading :

None.
FENGFAN CO.LTD ‘A’CNY1 (600482.SS) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
FENGFAN CO.LTD ‘A’CNY1 (600482.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 : 10.47, 10.61.
Stock Support levels : 10.36, 10.30, 10.23, 10.20, 10.18, 10.15, 10.13, 10.11, 10.05, 10.04, 9.95,.