Today we will analyze the stock GALAXY POWER (000519.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in GALAXY POWER (000519.SZ)
1- Last bullish trend was from 11.30 $ (4/16/2012) to 13.09 $ (4/23/2012) a 1.79 $ move 2- The current bearish trend started from 13.09 $ at 4/23/2012 and is currently trading at 12.09 $.
3- 000519.SZ current support level is at 11.98 which is the 61.80 % fibonacci retracement of the last 1.79 $ move.
4- 000519.SZ current resistance level is at 12.19 which is the 50.00 % fibonacci retracement of the last 1.79 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
GALAXY POWER (000519.SZ) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.300 and 10.340 that was broken down at 11.990 transforming into a resistance line.
GALAXY POWER (000519.SZ) Mid term stock chart patterns for internet stock trading :

None.
GALAXY POWER (000519.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 10.340 and 6.660, and is currently supporting at 11.828.

Stock Trading Conclusion:
GALAXY POWER (000519.SZ) was trading in a strong 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 : 12.19, 12.33, 12.41, 12.47, 12.59, 12.62, 12.67, 12.71, 13.09,.
Stock Support levels : 11.98, 11.83, 11.30, 10.81,.