Today we will analyze the stock YINXING (000862.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in YINXING (000862.SZ)
1- Last bullish trend was from 9.00 $ (4/17/2012) to 9.97 $ (4/20/2012) a 0.97 $ move 2- The current bearish trend started from 9.97 $ at 4/20/2012 and is currently trading at 9.63 $.
3- 000862.SZ current support level is at 9.60 which is the 38.20 % fibonacci retracement of the last 0.97 $ move.
4- 000862.SZ current resistance level is at 9.74 which is the 23.60 % fibonacci retracement of the last 0.97 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
YINXING (000862.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.000 and 8.400 that was broken down at 9.560 transforming into a resistance line.
YINXING (000862.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 9.870 and 10.100 that was broken up at 9.010 transforming into a supporting line.
YINXING (000862.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.920 $ height triangle which was broken up at 9.630, target of the pattern is 13.550.

Stock Trading Conclusion:
YINXING (000862.SZ) was trading in a bullish 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 : 9.66, 9.71, 9.74, 9.76, 9.80, 9.84, 9.97, 13.55.
Stock Support levels : 9.63, 9.60, 9.49, 9.37, 9.00, 8.74, 8.40,.