Today we will analyze the stock XIANYANG PIANZHUAN (000697.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in XIANYANG PIANZHUAN (000697.SZ)
1- Last bullish trend was from 14.15 $ (4/24/2012) to 14.68 $ (4/25/2012) a 0.53 $ move 2- The current bearish trend started from 14.68 $ at 4/25/2012 and is currently trading at 14.04 $.
3- 000697.SZ current support level is at 14.01 which is the 127.20 % fibonacci retracement of the last 0.53 $ move.
4- 000697.SZ current resistance level is at 14.15 which is the 100.00 % fibonacci retracement of the last 0.53 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
XIANYANG PIANZHUAN (000697.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.650 $ height triangle which was broken down at 13.770 in higher than usual volume, target of the pattern is 12.120.
XIANYANG PIANZHUAN (000697.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4.950 $ height triangle which was broken up at 14.040, target of the pattern is 18.990 which was broken down at 13.770 in higher than usual volume, target of the pattern is 8.820.
XIANYANG PIANZHUAN (000697.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 6.890 $ height triangle which was broken down at 14.380, target of the pattern is 7.490.

Stock Trading Conclusion:
XIANYANG PIANZHUAN (000697.SZ) was trading in a bearish 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 : 14.15, 14.19, 14.28, 14.35, 14.36, 14.41, 14.43, 14.44, 14.48, 14.50, 14.55, 14.63, 14.68, 18.99.
Stock Support levels : 14.01, 13.93, 13.82, 12.12, 8.82,.