Today we will analyze the stock CHINA ENTERPRISE ‘A’CNY1 (600675.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in CHINA ENTERPRISE ‘A’CNY1 (600675.SS)
1- Last bullish trend was from 5.02 $ (4/17/2012) to 6.11 $ (4/25/2012) a 1.09 $ move 2- The current bearish trend started from 6.11 $ at 4/25/2012 and is currently trading at 5.79 $.
3- 600675.SS current support level is at 5.69 which is the 38.20 % fibonacci retracement of the last 1.09 $ move.
4- 600675.SS current resistance level is at 5.85 which is the 23.60 % fibonacci retracement of the last 1.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
CHINA ENTERPRISE ‘A’CNY1 (600675.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 5.020 and 4.650 that was broken down at 5.790 transforming into a resistance line.
CHINA ENTERPRISE ‘A’CNY1 (600675.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.910 and 5.480 that was broken up at 4.730 transforming into a supporting line.
CHINA ENTERPRISE ‘A’CNY1 (600675.SS) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.460 and 3.600, and is currently supporting at 4.788.

Stock Trading Conclusion:
CHINA ENTERPRISE ‘A’CNY1 (600675.SS) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.83, 5.85, 5.87, 5.91, 5.95, 5.99, 6.11,.
Stock Support levels : 5.69, 5.57, 5.44, 5.02, 4.79, 4.72, 4.35,.