Today we will analyze the stock EGUARD RESOURCES (000826.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in EGUARD RESOURCES (000826.SZ)
1- Last bearish trend was from 21.55 $ (1/17/2012) to 20.41 $ (1/18/2012) a 1.14 $ move 2- The current bullish trend started from 20.41 $ at 1/18/2012 and is currently trading at 22.20 $.
3- 000826.SZ current support level is at 21.86 which is the 127.20 % fibonacci retracement of the last 1.14 $ move.
4- 000826.SZ current resistance level is at 22.25 which is the 161.80 % fibonacci retracement of the last 1.14 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
EGUARD RESOURCES (000826.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 21.550 and 24.360 that was broken up at 20.480 transforming into a supporting line.
EGUARD RESOURCES (000826.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 20.410 and 22.460,resistance between 24.360 and 27.870 which was broken up at 21.890.
EGUARD RESOURCES (000826.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 23.510 that failed and formed a resistance.
9- The Stock was supported by a support line, identified by two points: 23.510 and 23.490 that was broken down at 22.600 transforming into a resistance line.

Stock Trading Conclusion:
EGUARD RESOURCES (000826.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 : 22.25, 23.56,.
Stock Support levels : 21.86, 21.78, 21.55, 21.52, 21.35, 21.31, 21.11, 21.09, 20.98, 20.85, 20.68, 20.41,.