Today we will analyze the stock BBCA BIOCHEMICAL (000930.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in BBCA BIOCHEMICAL (000930.SZ)
1- Last bullish trend was from 6.01 $ (3/30/2012) to 6.50 $ (4/23/2012) a 0.49 $ move 2- The current bearish trend started from 6.50 $ at 4/23/2012 and is currently trading at 6.32 $.
3- 000930.SZ current support level is at 6.31 which is the 38.20 % fibonacci retracement of the last 0.49 $ move.
4- 000930.SZ current resistance level is at 6.38 which is the 23.60 % fibonacci retracement of the last 0.49 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BBCA BIOCHEMICAL (000930.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 6.500 and 6.630, and is currently resisting at 6.455.
BBCA BIOCHEMICAL (000930.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.420 $ height triangle.
BBCA BIOCHEMICAL (000930.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 6.850 and 7.110, and is currently resisting at 6.685.

Stock Trading Conclusion:
BBCA BIOCHEMICAL (000930.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 : 6.36, 6.38, 6.39, 6.41, 6.43, 6.45, 6.50, 6.68.
Stock Support levels : 6.31, 6.26, 6.20, 6.01, 5.88,.