Today we will analyze the stock RUITAI TECHNOLOGY (002066.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in RUITAI TECHNOLOGY (002066.SZ)
1- Last bearish trend was from 14.08 $ (4/20/2012) to 13.30 $ (4/24/2012) a 0.78 $ move 2- The current bullish trend started from 13.30 $ at 4/24/2012 and is currently trading at 13.84 $.
3- 002066.SZ current support level is at 13.78 which is the 61.80 % fibonacci retracement of the last 0.78 $ move.
4- 002066.SZ current resistance level is at 14.08 which is the 100.00 % fibonacci retracement of the last 0.78 $ 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.
RUITAI TECHNOLOGY (002066.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 13.300 and 13.050, and is currently supporting at 13.550.
RUITAI TECHNOLOGY (002066.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.860 and 11.160, and is currently supporting at 12.146.
RUITAI TECHNOLOGY (002066.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 11.860 and 11.160, and is currently supporting at 12.146.

Stock Trading Conclusion:
RUITAI TECHNOLOGY (002066.SZ) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 14.08, 14.29, 14.56.
Stock Support levels : 13.78, 13.71, 13.69, 13.63, 13.60, 13.57, 13.55, 13.51, 13.48, 13.30, 12.15,.