Today we will analyze the stock S/HAI DINGLI TECH ‘A’CNY1 (600614.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in S/HAI DINGLI TECH ‘A’CNY1 (600614.SS)
1- Last bullish trend was from 11.62 $ (4/9/2012) to 12.41 $ (4/16/2012) a 0.79 $ move 2- The current bearish trend started from 12.41 $ at 4/16/2012 and is currently trading at 12.34 $.
3- 600614.SS current support level is at 12.22 which is the 23.60 % fibonacci retracement of the last 0.79 $ move.
4- 600614.SS current resistance level is at 12.41 which is the 0.00 % fibonacci retracement of the last 0.79 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
S/HAI DINGLI TECH ‘A’CNY1 (600614.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.410 and 13.130 that was broken up at 12.050 transforming into a supporting line.
S/HAI DINGLI TECH ‘A’CNY1 (600614.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.620 and 10.460, and is currently supporting at 11.928.
S/HAI DINGLI TECH ‘A’CNY1 (600614.SS) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 10.460 and 9.970,resistance between 13.130 and 12.490, the stock channel is currently supported from below by 11.156 and resisted from above by 13.333.

Stock Trading Conclusion:
S/HAI DINGLI TECH ‘A’CNY1 (600614.SS) was trading in a bullish 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 : 12.36, 12.37, 12.38, 12.38, 12.41,.
Stock Support levels : 12.22, 12.11, 12.01, 11.93, 11.92, 11.83, 11.62, 11.41,.