Today we will analyze the stock JINLING MINING (000655.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in JINLING MINING (000655.SZ)
1- Last bearish trend was from 14.22 $ (4/20/2012) to 13.42 $ (4/24/2012) a 0.80 $ move 2- The current bullish trend started from 13.42 $ at 4/24/2012 and is currently trading at 14.39 $.
3- 000655.SZ current support level is at 14.22 which is the 100.00 % fibonacci retracement of the last 0.80 $ move.
4- 000655.SZ current resistance level is at 14.44 which is the 127.20 % fibonacci retracement of the last 0.80 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
JINLING MINING (000655.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 14.220 and 16.210 that was broken up at 13.820 transforming into a supporting line.
JINLING MINING (000655.SZ) Mid term stock chart patterns for internet stock trading :

None.
JINLING MINING (000655.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 14.800 and 17.930,resistance between 17.400 and 20.840, the stock channel is currently supported from below by 13.262 and resisted from above by 16.061.

Stock Trading Conclusion:
JINLING MINING (000655.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 : 14.44, 14.71.
Stock Support levels : 14.22, 14.16, 14.02, 13.91, 13.90, 13.82, 13.79, 13.73, 13.61, 13.46, 13.42,.