Today we will analyze the stock UNITED OILS (000691.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in UNITED OILS (000691.SZ)
1- Last bearish trend was from 5.30 $ (4/16/2012) to 4.80 $ (5/2/2012) a 0.50 $ move 2- The current bullish trend started from 4.80 $ at 5/2/2012 and is currently trading at 5.07 $.
3- 000691.SZ current support level is at 5.05 which is the 50.00 % fibonacci retracement of the last 0.50 $ move.
4- 000691.SZ current resistance level is at 5.11 which is the 61.80 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
UNITED OILS (000691.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.800 and 4.530, and is currently supporting at 4.823.
UNITED OILS (000691.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.530 and 4.190, and is currently supporting at 4.740.
UNITED OILS (000691.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.530 and 4.190, and is currently supporting at 4.740.

Stock Trading Conclusion:
UNITED OILS (000691.SZ) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.11, 5.30, 5.44, 5.61.
Stock Support levels : 5.05, 5.01, 4.99, 4.97, 4.94, 4.92, 4.90, 4.82, 4.80, 4.74,.