Today we will analyze the stock JINDUICHENG MOLYBD ‘A’CNY1 (601958.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in JINDUICHENG MOLYBD ‘A’CNY1 (601958.SS)
1- Last bearish trend was from 15.48 $ (3/21/2012) to 12.73 $ (3/30/2012) a 2.75 $ move 2- The current bullish trend started from 12.73 $ at 3/30/2012 and is currently trading at 14.98 $.
3- 601958.SS current support level is at 14.43 which is the 61.80 % fibonacci retracement of the last 2.75 $ move.
4- 601958.SS current resistance level is at 15.48 which is the 100.00 % fibonacci retracement of the last 2.75 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
JINDUICHENG MOLYBD ‘A’CNY1 (601958.SS) Short term stock chart patterns for internet stock trading :

None.
JINDUICHENG MOLYBD ‘A’CNY1 (601958.SS) Mid term stock chart patterns for internet stock trading :

None.
JINDUICHENG MOLYBD ‘A’CNY1 (601958.SS) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 5.390 $ height triangle.

Stock Trading Conclusion:
JINDUICHENG MOLYBD ‘A’CNY1 (601958.SS) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 15.48, 16.23, 17.18.
Stock Support levels : 14.45, 14.43, 14.12, 14.10, 13.85, 13.78, 13.59, 13.38, 12.73,.