Today we will analyze the stock HUAXIN CEMENT CO ‘B’CNY1 (900933.SS) for internet stock trading in the SS stock market,
Stock Technical indicators to notice in HUAXIN CEMENT CO ‘B’CNY1 (900933.SS)
1- Last bearish trend was from 1.90 $ (1/20/2012) to 1.83 $ (2/1/2012) a 0.07 $ move 2- The current bullish trend started from 1.83 $ at 2/1/2012 and is currently trading at 1.89 $.
3- 900933.SS current support level is at 1.87 which is the 61.80 % fibonacci retracement of the last 0.07 $ move.
4- 900933.SS current resistance level is at 1.90 which is the 100.00 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HUAXIN CEMENT CO ‘B’CNY1 (900933.SS) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.830 and 1.610, and is currently supporting at 1.846.
HUAXIN CEMENT CO ‘B’CNY1 (900933.SS) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.670 $ height triangle which was broken up at 1.670 in higher than usual volume, target of the pattern is 2.340.
HUAXIN CEMENT CO ‘B’CNY1 (900933.SS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.220 and 2.770 that was broken up at 1.840 transforming into a supporting line.

Stock Trading Conclusion:
HUAXIN CEMENT CO ‘B’CNY1 (900933.SS) was trading in a bullish 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 : 1.90, 1.92, 1.94, 2.34.
Stock Support levels : 1.88, 1.87, 1.87, 1.87, 1.86, 1.86, 1.85, 1.85, 1.85, 1.83, 1.75,.