Today we will analyze the stock WUHU PORT STORAGE and ‘A’CNY1 (600575.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in WUHU PORT STORAGE and ‘A’CNY1 (600575.SS)
1- Last bearish trend was from 8.38 $ (1/12/2012) to 8.00 $ (1/16/2012) a 0.38 $ move 2- The current bullish trend started from 8.00 $ at 1/16/2012 and is currently trading at 8.48 $.
3- 600575.SS current support level is at 8.38 which is the 100.00 % fibonacci retracement of the last 0.38 $ move.
4- 600575.SS current resistance level is at 8.48 which is the 127.20 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
WUHU PORT STORAGE and ‘A’CNY1 (600575.SS) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.210 $ height triangle which was broken up at 8.360, target of the pattern is 9.570.
WUHU PORT STORAGE and ‘A’CNY1 (600575.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 7.720 and 8.420,resistance between 8.930 and 10.180 which was broken up at 8.360.
WUHU PORT STORAGE and ‘A’CNY1 (600575.SS) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 7.720 and 9.000,resistance between 10.180 and 10.920, the stock channel is currently supported from below by 7.415 and resisted from above by 9.231.

Stock Trading Conclusion:
WUHU PORT STORAGE and ‘A’CNY1 (600575.SS) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 8.48, 8.61, 9.57.
Stock Support levels : 8.38, 8.37, 8.30, 8.24, 8.23, 8.19, 8.18, 8.15, 8.09, 8.00, 7.95,.