Today we will analyze the stock S/WINGSUNG DATA TE ‘B’CNY1 (900904.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in S/WINGSUNG DATA TE ‘B’CNY1 (900904.SS)
1- Last bearish trend was from 0.64 $ (1/11/2012) to 0.60 $ (1/16/2012) a 0.04 $ move 2- The current bullish trend started from 0.60 $ at 1/16/2012 and is currently trading at 0.65 $.
3- 900904.SS current support level is at 0.64 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- 900904.SS current resistance level is at 0.65 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
S/WINGSUNG DATA TE ‘B’CNY1 (900904.SS) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.240 $ height triangle which was broken up at 0.620, target of the pattern is 0.860.
S/WINGSUNG DATA TE ‘B’CNY1 (900904.SS) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.240 $ height triangle which was broken up at 0.620, target of the pattern is 0.860.
S/WINGSUNG DATA TE ‘B’CNY1 (900904.SS) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
S/WINGSUNG DATA TE ‘B’CNY1 (900904.SS) was trading in a strong 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 : 0.651, 0.665, 0.860,.
Stock Support levels : 0.640, 0.638, 0.631, 0.625, 0.625, 0.620, 0.619, 0.615, 0.609, 0.600, 0.598,.