Today we will analyze the stock CENTEK (000931.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in CENTEK (000931.SZ)
1- Last bearish trend was from 7.39 $ (4/20/2012) to 6.73 $ (5/2/2012) a 0.66 $ move 2- The current bullish trend started from 6.73 $ at 5/2/2012 and is currently trading at 7.04 $.
3- 000931.SZ current support level is at 6.98 which is the 38.20 % fibonacci retracement of the last 0.66 $ move.
4- 000931.SZ current resistance level is at 7.06 which is the 50.00 % fibonacci retracement of the last 0.66 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
CENTEK (000931.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.390 .
CENTEK (000931.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 5.460 and 4.770, and is currently supporting at 6.038.
CENTEK (000931.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.460 and 4.610, and is currently supporting at 6.059.

Stock Trading Conclusion:
CENTEK (000931.SZ) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 7.06, 7.14, 7.33, 7.39, 7.57, 7.80.
Stock Support levels : 6.98, 6.97, 6.92, 6.89, 6.89, 6.85, 6.73, 6.43, 6.06,.