Today we will analyze the stock SANMAO PAISHEN (000779.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in SANMAO PAISHEN (000779.SZ)
1- Last bearish trend was from 8.79 $ (1/11/2012) to 7.47 $ (1/16/2012) a 1.32 $ move 2- The current bullish trend started from 7.47 $ at 1/16/2012 and is currently trading at 9.17 $.
3- 000779.SZ current support level is at 9.15 which is the 127.20 % fibonacci retracement of the last 1.32 $ move.
4- 000779.SZ current resistance level is at 9.61 which is the 161.80 % fibonacci retracement of the last 1.32 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SANMAO PAISHEN (000779.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 8.790 and 13.810 that was broken up at 8.220 transforming into a supporting line.
SANMAO PAISHEN (000779.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 8.790 and 13.810 that was broken up at 8.220 transforming into a supporting line.
SANMAO PAISHEN (000779.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 8.790 and 13.810 that was broken up at 8.220 transforming into a supporting line.

Stock Trading Conclusion:
SANMAO PAISHEN (000779.SZ) was trading in a strong 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 : 9.61.
Stock Support levels : 9.15, 8.79, 8.77, 8.52, 8.32, 8.29, 8.13, 8.12, 7.97, 7.78, 7.47, 5.34,.