Today we will analyze the stock GUITANG (000833.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in GUITANG (000833.SZ)
1- Last bullish trend was from 7.99 $ (3/29/2012) to 8.73 $ (4/18/2012) a 0.74 $ move 2- The current bearish trend started from 8.73 $ at 4/18/2012 and is currently trading at 8.44 $.
3- 000833.SZ current support level is at 8.36 which is the 50.00 % fibonacci retracement of the last 0.74 $ move.
4- 000833.SZ current resistance level is at 8.45 which is the 38.20 % fibonacci retracement of the last 0.74 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GUITANG (000833.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 8.730 and 9.200, and is currently resisting at 8.483.
GUITANG (000833.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.990 and 7.600, and is currently supporting at 8.164.
GUITANG (000833.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.130 $ height triangle.

Stock Trading Conclusion:
GUITANG (000833.SZ) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.45, 8.48, 8.51, 8.55, 8.56, 8.58, 8.62, 8.73,.
Stock Support levels : 8.36, 8.27, 8.16, 7.99, 7.79,.