Today we will analyze the stock YU YUAN HOLDING (000408.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in YU YUAN HOLDING (000408.SZ)
1- Last bearish trend was from 8.25 $ (4/20/2012) to 6.89 $ (5/2/2012) a 1.36 $ move 2- The current bullish trend started from 6.89 $ at 5/2/2012 and is currently trading at 7.23 $.
3- 000408.SZ current support level is at 7.21 which is the 23.60 % fibonacci retracement of the last 1.36 $ move.
4- 000408.SZ current resistance level is at 7.41 which is the 38.20 % fibonacci retracement of the last 1.36 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
YU YUAN HOLDING (000408.SZ) Short term stock chart patterns for internet stock trading :

None.
YU YUAN HOLDING (000408.SZ) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 2.170 $ height triangle.
YU YUAN HOLDING (000408.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 2.280 $ height triangle.

Stock Trading Conclusion:
YU YUAN HOLDING (000408.SZ) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 7.41, 7.57, 7.73, 8.25, 8.62, 9.09.
Stock Support levels : 7.21, 7.15, 7.10, 7.06, 7.02, 6.89,.