Today we will analyze the stock ANKAI (000868.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in ANKAI (000868.SZ)
1- Last bearish trend was from 9.96 $ (4/18/2012) to 9.42 $ (4/27/2012) a 0.54 $ move 2- The current bullish trend started from 9.42 $ at 4/27/2012 and is currently trading at 9.71 $.
3- 000868.SZ current support level is at 9.69 which is the 50.00 % fibonacci retracement of the last 0.54 $ move.
4- 000868.SZ current resistance level is at 9.75 which is the 61.80 % fibonacci retracement of the last 0.54 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ANKAI (000868.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.960 and 10.120 that was broken up at 9.610 transforming into a supporting line.
ANKAI (000868.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4.500 $ height triangle which was broken up at 9.610 in higher than usual volume, target of the pattern is 14.110 which was broken down at 9.800 in higher than usual volume, target of the pattern is 5.300.
ANKAI (000868.SZ) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ANKAI (000868.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 : 9.75, 9.96, 10.11, 10.29, 10.57, 14.11.
Stock Support levels : 9.69, 9.64, 9.63, 9.60, 9.57, 9.56, 9.55, 9.53, 9.52, 9.45, 9.42,.