Today we will analyze the stock SICHUAN-SHENGDA (000835.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in SICHUAN-SHENGDA (000835.SZ)
1- Last bearish trend was from 6.92 $ (4/20/2012) to 6.65 $ (4/24/2012) a 0.27 $ move 2- The current bullish trend started from 6.65 $ at 4/24/2012 and is currently trading at 6.97 $.
3- 000835.SZ current support level is at 6.92 which is the 100.00 % fibonacci retracement of the last 0.27 $ move.
4- 000835.SZ current resistance level is at 6.99 which is the 127.20 % fibonacci retracement of the last 0.27 $ 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.
SICHUAN-SHENGDA (000835.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.270 $ height triangle which was broken up at 6.890 in higher than usual volume, target of the pattern is 8.160.
SICHUAN-SHENGDA (000835.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 6.140 and 6.890,resistance between 7.410 and 7.890 which was broken up at 6.670 in higher than usual volume.
SICHUAN-SHENGDA (000835.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.360 $ height triangle.

Stock Trading Conclusion:
SICHUAN-SHENGDA (000835.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 : 6.99, 7.09, 8.16.
Stock Support levels : 6.92, 6.89, 6.85, 6.82, 6.81, 6.78, 6.77, 6.75, 6.71, 6.70, 6.65,.