Today we will analyze the stock DAZHONG TRANS ‘B’CNY1 (900903.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in DAZHONG TRANS ‘B’CNY1 (900903.SS)
1- Last bullish trend was from 0.47 $ (1/16/2012) to 0.49 $ (1/20/2012) a 0.02 $ move 2- The current bearish trend started from 0.49 $ at 1/20/2012 and is currently trading at 0.48 $.
3- 900903.SS current support level is at 0.48 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- 900903.SS current resistance level is at 0.48 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
DAZHONG TRANS ‘B’CNY1 (900903.SS) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.490 .
7- The Stock formed a 0.040 $ height triangle.
DAZHONG TRANS ‘B’CNY1 (900903.SS) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.550 and 0.590, and is currently resisting at 0.525.
DAZHONG TRANS ‘B’CNY1 (900903.SS) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bearish stock channel identifed by support at 0.500 and 0.540,resistance between 0.550 and 0.590, the stock channel is currently supported from below by 0.468 and resisted from above by 0.525.

Stock Trading Conclusion:
DAZHONG TRANS ‘B’CNY1 (900903.SS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.480, 0.482, 0.484, 0.485, 0.485, 0.486, 0.490, 0.525.
Stock Support levels : 0.478, 0.470, 0.465,.