Today we will analyze the stock PINGZHUANG ENERGY (000780.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in PINGZHUANG ENERGY (000780.SZ)
1- Last bearish trend was from 13.80 $ (3/21/2012) to 12.23 $ (3/30/2012) a 1.57 $ move 2- The current bullish trend started from 12.23 $ at 3/30/2012 and is currently trading at 14.15 $.
3- 000780.SZ current support level is at 13.80 which is the 100.00 % fibonacci retracement of the last 1.57 $ move.
4- 000780.SZ current resistance level is at 14.23 which is the 127.20 % fibonacci retracement of the last 1.57 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PINGZHUANG ENERGY (000780.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 12.230 .
PINGZHUANG ENERGY (000780.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 12.230 .
PINGZHUANG ENERGY (000780.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.150 $ height triangle which was broken up at 13.940 in higher than usual volume, target of the pattern is 18.090.

Stock Trading Conclusion:
PINGZHUANG ENERGY (000780.SZ) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 14.23, 14.77, 18.09.
Stock Support levels : 13.80, 13.75, 13.70, 13.42, 13.20, 13.19, 13.01, 12.96, 12.83, 12.60, 12.34, 12.28, 12.23,.