Today we will analyze the stock HUITONG GROUP (000415.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in HUITONG GROUP (000415.SZ)
1- Last bullish trend was from 10.90 $ (4/17/2012) to 12.01 $ (4/25/2012) a 1.11 $ move 2- The current bearish trend started from 12.01 $ at 4/25/2012 and is currently trading at 11.29 $.
3- 000415.SZ current support level is at 10.90 which is the 100.00 % fibonacci retracement of the last 1.11 $ move.
4- 000415.SZ current resistance level is at 11.32 which is the 61.80 % fibonacci retracement of the last 1.11 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
HUITONG GROUP (000415.SZ) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.900 and 9.250 that was broken down at 12.010 transforming into a resistance line.
HUITONG GROUP (000415.SZ) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 10.900 and 9.250 that was broken down at 12.010 transforming into a resistance line.
HUITONG GROUP (000415.SZ) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 9.250 and 8.470, and is currently supporting at 9.552.

Stock Trading Conclusion:
HUITONG GROUP (000415.SZ) was trading in a bullish wave, which is becoming weaker .
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 : 11.32, 11.45, 11.46, 11.57, 11.59, 11.65, 11.73, 11.75, 12.01, 13.17,.
Stock Support levels : 10.90, 10.60, 10.21,.