Today we will analyze the stock HUITIAN THERMALPOWER (000692.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in HUITIAN THERMALPOWER (000692.SZ)
1- Last bearish trend was from 5.18 $ (3/22/2012) to 4.69 $ (3/29/2012) a 0.49 $ move 2- The current bullish trend started from 4.69 $ at 3/29/2012 and is currently trading at 5.35 $.
3- 000692.SZ current support level is at 5.31 which is the 127.20 % fibonacci retracement of the last 0.49 $ move.
4- 000692.SZ current resistance level is at 5.48 which is the 161.80 % fibonacci retracement of the last 0.49 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
HUITIAN THERMALPOWER (000692.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 4.690 and 4.940,resistance between 5.180 and 5.370 which was broken up at 5.090 in higher than usual volume.
HUITIAN THERMALPOWER (000692.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.990 $ height triangle which was broken up at 5.260 in higher than usual volume, target of the pattern is 7.250.
HUITIAN THERMALPOWER (000692.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.990 $ height triangle which was broken up at 5.260 in higher than usual volume, target of the pattern is 7.250.

Stock Trading Conclusion:
HUITIAN THERMALPOWER (000692.SZ) was trading in a 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 : 5.48, 7.25,.
Stock Support levels : 5.31, 5.19, 5.18, 5.10, 5.03, 5.02, 4.99, 4.94, 4.93, 4.88, 4.81, 4.69,.