Today we will analyze the stock HAINAN ZHUXIN INVE ‘A’CNY1 (600515.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in HAINAN ZHUXIN INVE ‘A’CNY1 (600515.SS)
1- Last bearish trend was from 5.19 $ (4/18/2012) to 4.69 $ (5/3/2012) a 0.50 $ move 2- The current bullish trend started from 4.69 $ at 5/3/2012 and is currently trading at 4.87 $.
3- 600515.SS current support level is at 4.81 which is the 23.60 % fibonacci retracement of the last 0.50 $ move.
4- 600515.SS current resistance level is at 4.88 which is the 38.20 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
HAINAN ZHUXIN INVE ‘A’CNY1 (600515.SS) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.020 $ height triangle.
HAINAN ZHUXIN INVE ‘A’CNY1 (600515.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.190 and 5.510, and is currently resisting at 5.002.
HAINAN ZHUXIN INVE ‘A’CNY1 (600515.SS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 5.190 and 5.510, and is currently resisting at 5.002.

Stock Trading Conclusion:
HAINAN ZHUXIN INVE ‘A’CNY1 (600515.SS) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 4.88, 4.94, 5.00, 5.00, 5.19, 5.33, 5.50.
Stock Support levels : 4.83, 4.81, 4.80, 4.78, 4.76, 4.69,.