Today we will analyze the stock BNBMPLC (000786.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in BNBMPLC (000786.SZ)
1- Last bullish trend was from 10.11 $ (1/16/2012) to 10.93 $ (1/20/2012) a 0.82 $ move 2- The current bearish trend started from 10.93 $ at 1/20/2012 and is currently trading at 10.59 $.
3- 000786.SZ current support level is at 10.52 which is the 50.00 % fibonacci retracement of the last 0.82 $ move.
4- 000786.SZ current resistance level is at 10.62 which is the 38.20 % fibonacci retracement of the last 0.82 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
BNBMPLC (000786.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.110 and 9.790, and is currently supporting at 10.537.
BNBMPLC (000786.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4.230 $ height triangle which was broken up at 10.600, target of the pattern is 14.830.
BNBMPLC (000786.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 14.020 and 16.090, and is currently resisting at 12.746.

Stock Trading Conclusion:
BNBMPLC (000786.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 : 10.62, 10.67, 10.72, 10.74, 10.76, 10.80, 10.93, 12.75, 14.83.
Stock Support levels : 10.54, 10.52, 10.42, 10.11, 10.06, 9.89,.