Today we will analyze the stock NANTIAN (000948.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in NANTIAN (000948.SZ)
1- Last bearish trend was from 9.77 $ (4/20/2012) to 8.18 $ (4/27/2012) a 1.59 $ move 2- The current bullish trend started from 8.18 $ at 4/27/2012 and is currently trading at 8.54 $.
3- 000948.SZ current support level is at 8.18 which is the 0.00 % fibonacci retracement of the last 1.59 $ move.
4- 000948.SZ current resistance level is at 8.56 which is the 23.60 % fibonacci retracement of the last 1.59 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
NANTIAN (000948.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 8.180 and 9.480,resistance between 9.770 and 10.790, the stock channel is currently supported from below by 7.855 and resisted from above by 8.750.
NANTIAN (000948.SZ) Mid term stock chart patterns for internet stock trading :

None.
NANTIAN (000948.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 9.210 and 7.320 that was broken down at 9.370 transforming into a resistance line.

Stock Trading Conclusion:
NANTIAN (000948.SZ) was trading in a bearish wave, which is becoming stronger .
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 : 8.56, 8.79, 8.98, 9.16, 9.77, 9.82, 10.20, 10.75.
Stock Support levels : 8.46, 8.40, 8.36, 8.32, 8.18,.