Today we will analyze the stock SHENHUO CO.LTD (000933.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in SHENHUO CO.LTD (000933.SZ)
1- Last bearish trend was from 11.57 $ (3/21/2012) to 9.79 $ (3/29/2012) a 1.78 $ move 2- The current bullish trend started from 9.79 $ at 3/29/2012 and is currently trading at 11.59 $.
3- 000933.SZ current support level is at 11.57 which is the 100.00 % fibonacci retracement of the last 1.78 $ move.
4- 000933.SZ current resistance level is at 12.05 which is the 127.20 % fibonacci retracement of the last 1.78 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SHENHUO CO.LTD (000933.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 11.570 and 11.870 that was broken up at 10.520 transforming into a supporting line.
SHENHUO CO.LTD (000933.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 11.870 .
SHENHUO CO.LTD (000933.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.590 $ height triangle which was broken up at 11.400 in higher than usual volume, target of the pattern is 15.990.

Stock Trading Conclusion:
SHENHUO CO.LTD (000933.SZ) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 11.76, 12.05, 12.67, 15.99.
Stock Support levels : 11.57, 11.17, 10.98, 10.90, 10.89, 10.69, 10.68, 10.48, 10.47, 10.21, 9.95, 9.79,.