Today we will analyze the stock ZJ TRANSFAR (002010.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in ZJ TRANSFAR (002010.SZ)
1- Last bullish trend was from 7.60 $ (4/23/2012) to 7.83 $ (4/25/2012) a 0.23 $ move 2- The current bearish trend started from 7.83 $ at 4/25/2012 and is currently trading at 7.61 $.
3- 002010.SZ current support level is at 7.60 which is the 100.00 % fibonacci retracement of the last 0.23 $ move.
4- 002010.SZ current resistance level is at 7.69 which is the 61.80 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ZJ TRANSFAR (002010.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.830 .
7- The Stock formed a 1.020 $ height triangle which was broken down at 7.730 in higher than usual volume, target of the pattern is 6.710.
ZJ TRANSFAR (002010.SZ) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 7.520 and 7.650 that was broken up at 7.360 transforming into a supporting line.
ZJ TRANSFAR (002010.SZ) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 2.300 $ height triangle which was broken up at 7.850 in higher than usual volume, target of the pattern is 10.150.

Stock Trading Conclusion:
ZJ TRANSFAR (002010.SZ) was trading in a 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 : 7.66, 7.69, 7.69, 7.72, 7.72, 7.74, 7.75, 7.78, 7.81, 7.83, 8.05, 10.15.
Stock Support levels : 7.60, 7.54, 7.46, 7.43, 7.04,.