Today we will analyze the stock DENGHAI SEEDS (002041.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in DENGHAI SEEDS (002041.SZ)
1- Last bearish trend was from 23.63 $ (4/18/2012) to 22.20 $ (4/23/2012) a 1.43 $ move 2- The current bullish trend started from 22.20 $ at 4/23/2012 and is currently trading at 23.47 $.
3- 002041.SZ current support level is at 23.08 which is the 61.80 % fibonacci retracement of the last 1.43 $ move.
4- 002041.SZ current resistance level is at 23.63 which is the 100.00 % fibonacci retracement of the last 1.43 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
DENGHAI SEEDS (002041.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 23.630 and 26.930 that was broken up at 22.460 transforming into a supporting line.
DENGHAI SEEDS (002041.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 24.310 and 24.180 that was broken down at 24.030 transforming into a resistance line.
DENGHAI SEEDS (002041.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 24.310 and 24.180 that was broken down at 24.030 transforming into a resistance line.

Stock Trading Conclusion:
DENGHAI SEEDS (002041.SZ) was trading in a strong bearish 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 : 23.63, 24.02, 24.51, 25.26,.
Stock Support levels : 23.17, 23.08, 22.98, 22.92, 22.83, 22.75, 22.69, 22.54, 22.20,.