Today we will analyze the stock BAOJI DEPT. STORE (000796.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in BAOJI DEPT. STORE (000796.SZ)
1- Last bearish trend was from 6.17 $ (4/16/2012) to 5.98 $ (4/17/2012) a 0.19 $ move 2- The current bullish trend started from 5.98 $ at 4/17/2012 and is currently trading at 6.23 $.
3- 000796.SZ current support level is at 6.22 which is the 127.20 % fibonacci retracement of the last 0.19 $ move.
4- 000796.SZ current resistance level is at 6.29 which is the 161.80 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
BAOJI DEPT. STORE (000796.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.010 $ height triangle which was broken up at 6.140, target of the pattern is 7.150 which was broken down at 6.130 in higher than usual volume, target of the pattern is 5.120.
BAOJI DEPT. STORE (000796.SZ) Mid term stock chart patterns for internet stock trading :

None.
BAOJI DEPT. STORE (000796.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 2.130 $ height triangle.

Stock Trading Conclusion:
BAOJI DEPT. STORE (000796.SZ) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 6.29, 6.46, 7.15.
Stock Support levels : 6.22, 6.17, 6.17, 6.13, 6.11, 6.10, 6.08, 6.07, 6.05, 6.02, 5.98, 5.80,.