Today we will analyze the stock SACL (000089.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in SACL (000089.SZ)
1- Last bearish trend was from 4.58 $ (3/22/2012) to 4.28 $ (3/29/2012) a 0.30 $ move 2- The current bullish trend started from 4.28 $ at 3/29/2012 and is currently trading at 4.58 $.
3- 000089.SZ current support level is at 4.58 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
4- 000089.SZ current resistance level is at 4.66 which is the 127.20 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SACL (000089.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.580 and 4.630 that was broken up at 4.570 transforming into a supporting line.
SACL (000089.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.810 $ height triangle which was broken up at 4.530 in higher than usual volume, target of the pattern is 5.340.
SACL (000089.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 4.100 and 5.250,resistance between 5.760 and 6.200 which was broken up at 4.450 in higher than usual volume.

Stock Trading Conclusion:
SACL (000089.SZ) was trading in a bullish wave, which is becoming stronger .
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 : 4.66, 4.77, 5.34.
Stock Support levels : 4.51, 4.49, 4.47, 4.47, 4.43, 4.39, 4.35, 4.32, 4.28,.