Today we will analyze the stock HYCC (000404.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in HYCC (000404.SZ)
1- Last bearish trend was from 4.50 $ (1/12/2012) to 4.27 $ (1/13/2012) a 0.23 $ move 2- The current bullish trend started from 4.27 $ at 1/13/2012 and is currently trading at 4.62 $.
3- 000404.SZ current support level is at 4.56 which is the 127.20 % fibonacci retracement of the last 0.23 $ move.
4- 000404.SZ current resistance level is at 4.64 which is the 161.80 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
HYCC (000404.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.480 $ height triangle which was broken up at 4.460, target of the pattern is 6.940.
HYCC (000404.SZ) Mid term stock chart patterns for internet stock trading :

None.
HYCC (000404.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 6.710 and 8.300, and is currently resisting at 5.411.

Stock Trading Conclusion:
HYCC (000404.SZ) 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 : 4.64, 5.41, 6.94.
Stock Support levels : 4.56, 4.54, 4.50, 4.49, 4.44, 4.41, 4.40, 4.39, 4.36, 4.32, 4.27,.