Today we will analyze the stock TIANXING (000710.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in TIANXING (000710.SZ)
1- Last bearish trend was from 11.35 $ (4/12/2012) to 10.45 $ (4/26/2012) a 0.90 $ move 2- The current bullish trend started from 10.45 $ at 4/26/2012 and is currently trading at 10.78 $.
3- 000710.SZ current support level is at 10.66 which is the 23.60 % fibonacci retracement of the last 0.90 $ move.
4- 000710.SZ current resistance level is at 10.79 which is the 38.20 % fibonacci retracement of the last 0.90 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
TIANXING (000710.SZ) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.450 and 10.190, and is currently supporting at 10.519.
TIANXING (000710.SZ) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 2.990 $ height triangle which was broken down at 10.580, target of the pattern is 7.590.
TIANXING (000710.SZ) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 10.190 and 8.520 that was broken down at 10.580 transforming into a resistance line.

Stock Trading Conclusion:
TIANXING (000710.SZ) was trading in a bullish wave, which is becoming weaker .
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 : 10.79, 10.85, 10.90, 11.01, 11.35, 11.59, 11.91.
Stock Support levels : 10.70, 10.66, 10.65, 10.61, 10.58, 10.52, 10.45,.