Today we will analyze the stock KWEICHOW MOUTAI ‘A’CNY1 (600519.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in KWEICHOW MOUTAI ‘A’CNY1 (600519.SS)
1- Last bearish trend was from 194.47 $ (1/10/2012) to 177.30 $ (1/18/2012) a 17.17 $ move 2- The current bullish trend started from 177.30 $ at 1/18/2012 and is currently trading at 186.43 $.
3- 600519.SS current support level is at 185.89 which is the 50.00 % fibonacci retracement of the last 17.17 $ move.
4- 600519.SS current resistance level is at 187.91 which is the 61.80 % fibonacci retracement of the last 17.17 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
KWEICHOW MOUTAI ‘A’CNY1 (600519.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 194.470 and 214.680 that was broken up at 186.420 transforming into a supporting line.
KWEICHOW MOUTAI ‘A’CNY1 (600519.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 194.470 and 214.680 that was broken up at 186.420 transforming into a supporting line.
KWEICHOW MOUTAI ‘A’CNY1 (600519.SS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 214.680 and 216.600, and is currently resisting at 213.720.

Stock Trading Conclusion:
KWEICHOW MOUTAI ‘A’CNY1 (600519.SS) was trading in a bearish wave, which is becoming weaker .
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 : 187.91, 194.47, 199.14, 205.08, 213.72.
Stock Support levels : 185.89, 184.77, 184.28, 183.86, 182.94, 181.86, 181.35, 180.79, 177.30,.