Today we will analyze the stock SUNTEK TECHNOLOGY ‘A’CNY1 (600728.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in SUNTEK TECHNOLOGY ‘A’CNY1 (600728.SS)
1- Last bearish trend was from 7.53 $ (1/17/2012) to 7.30 $ (1/19/2012) a 0.23 $ move 2- The current bullish trend started from 7.30 $ at 1/19/2012 and is currently trading at 7.71 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SUNTEK TECHNOLOGY ‘A’CNY1 (600728.SS) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.890 $ height triangle which was broken up at 7.310 in higher than usual volume, target of the pattern is 8.200 which was broken down at 7.310 in higher than usual volume, target of the pattern is 6.420.
SUNTEK TECHNOLOGY ‘A’CNY1 (600728.SS) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 7.050 .
SUNTEK TECHNOLOGY ‘A’CNY1 (600728.SS) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 7.050 .

Stock Trading Conclusion:
SUNTEK TECHNOLOGY ‘A’CNY1 (600728.SS) was trading in a 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 : 7.72, 8.20.
Stock Support levels : 7.61, 7.55, 7.51, 7.46, 7.30, 7.07, 6.81,.