Today we will analyze the stock COFCO PROPERTY (000031.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in COFCO PROPERTY (000031.SZ)
1- Last bearish trend was from 4.63 $ (4/16/2012) to 4.41 $ (4/17/2012) a 0.22 $ move 2- The current bullish trend started from 4.41 $ at 4/17/2012 and is currently trading at 4.75 $.
3- 000031.SZ current support level is at 4.69 which is the 127.20 % fibonacci retracement of the last 0.22 $ move.
4- 000031.SZ current resistance level is at 4.77 which is the 161.80 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
COFCO PROPERTY (000031.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.410 and 4.050 that was broken down at 4.720 transforming into a resistance line.
COFCO PROPERTY (000031.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.050 and 3.630, and is currently supporting at 4.203.
COFCO PROPERTY (000031.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.050 and 3.630, and is currently supporting at 4.203.

Stock Trading Conclusion:
COFCO PROPERTY (000031.SZ) was trading in a bullish wave, which is becoming stronger .
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 : 4.77, 4.77.
Stock Support levels : 4.69, 4.67, 4.63, 4.62, 4.58, 4.55, 4.54, 4.52, 4.49, 4.46, 4.41, 4.20,.