Today we will analyze the stock CHANGYU (000869.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in CHANGYU (000869.SZ)
1- Last bearish trend was from 95.77 $ (4/20/2012) to 91.51 $ (4/26/2012) a 4.26 $ move 2- The current bullish trend started from 91.51 $ at 4/26/2012 and is currently trading at 96.40 $.
3- 000869.SZ current support level is at 95.77 which is the 100.00 % fibonacci retracement of the last 4.26 $ move.
4- 000869.SZ current resistance level is at 96.93 which is the 127.20 % fibonacci retracement of the last 4.26 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CHANGYU (000869.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 95.770 and 104.900 that was broken up at 94.250 transforming into a supporting line.
CHANGYU (000869.SZ) Mid term stock chart patterns for internet stock trading :

None.
CHANGYU (000869.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 104.900 and 120.450, and is currently resisting at 98.421.

Stock Trading Conclusion:
CHANGYU (000869.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 : 96.93, 98.40, 98.42.
Stock Support levels : 95.77, 95.25, 94.53, 94.14, 93.96, 93.64, 93.38, 93.14, 92.52, 92.45, 91.51,.