Today we will analyze the stock SUNRISE (000030.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in SUNRISE (000030.SZ)
1- Last bearish trend was from 12.66 $ (4/16/2012) to 9.71 $ (5/3/2012) a 2.95 $ move 2- The current bullish trend started from 9.71 $ at 5/3/2012 and is currently trading at 10.20 $.
3- 000030.SZ current support level is at 9.71 which is the 0.00 % fibonacci retracement of the last 2.95 $ move.
4- 000030.SZ current resistance level is at 10.41 which is the 23.60 % fibonacci retracement of the last 2.95 $ move.
5- According to ADX Indicator, the trend is currently bearish, 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.
SUNRISE (000030.SZ) Short term stock chart patterns for internet stock trading :

None.
SUNRISE (000030.SZ) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.660 and 13.870, and is currently resisting at 12.128.
SUNRISE (000030.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 12.660 and 13.870, and is currently resisting at 12.128.

Stock Trading Conclusion:
SUNRISE (000030.SZ) was trading in a bearish 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 : 10.41, 10.84, 11.18, 11.53, 12.13, 12.66, 13.46, 14.48.
Stock Support levels : 10.08, 10.01, 9.95, 9.90, 9.71,.