Today we will analyze the stock GOLDEN DRAGON (000712.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in GOLDEN DRAGON (000712.SZ)
1- Last bullish trend was from 12.64 $ (4/9/2012) to 13.96 $ (4/25/2012) a 1.32 $ move 2- The current bearish trend started from 13.96 $ at 4/25/2012 and is currently trading at 13.35 $.
3- 000712.SZ current support level is at 13.30 which is the 50.00 % fibonacci retracement of the last 1.32 $ move.
4- 000712.SZ current resistance level is at 13.46 which is the 38.20 % fibonacci retracement of the last 1.32 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GOLDEN DRAGON (000712.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 12.640 and 11.700 that was broken down at 13.000 transforming into a resistance line.
GOLDEN DRAGON (000712.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.700 and 9.960, and is currently supporting at 12.688.
GOLDEN DRAGON (000712.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 5.530 $ height triangle which was broken up at 13.060 in higher than usual volume, target of the pattern is 18.590.

Stock Trading Conclusion:
GOLDEN DRAGON (000712.SZ) was trading in a strong bullish 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 : 13.46, 13.49, 13.58, 13.65, 13.66, 13.73, 13.96, 16.64, 18.59.
Stock Support levels : 13.30, 13.17, 13.14, 12.69, 12.64, 12.51, 12.28,.