Today we will analyze the stock WEIFU HIGH-TECH (000581.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in WEIFU HIGH-TECH (000581.SZ)
1- Last bearish trend was from 33.25 $ (3/14/2012) to 30.94 $ (3/28/2012) a 2.31 $ move 2- The current bullish trend started from 30.94 $ at 3/28/2012 and is currently trading at 34.85 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
WEIFU HIGH-TECH (000581.SZ) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 33.250 and 34.810 that was broken up at 31.580 transforming into a supporting line.
WEIFU HIGH-TECH (000581.SZ) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 6.270 $ height triangle which was broken up at 33.760 in higher than usual volume, target of the pattern is 40.030.
WEIFU HIGH-TECH (000581.SZ) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 6.270 $ height triangle which was broken up at 33.760 in higher than usual volume, target of the pattern is 40.030.

Stock Trading Conclusion:
WEIFU HIGH-TECH (000581.SZ) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 40.03,.
Stock Support levels : 33.93, 33.58, 33.36, 32.90, 32.43, 30.94,.