Today we will analyze the stock TOPBAND (002139.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in TOPBAND (002139.SZ)
1- Last bullish trend was from 11.10 $ (4/23/2012) to 11.90 $ (4/26/2012) a 0.80 $ move 2- The current bearish trend started from 11.90 $ at 4/26/2012 and is currently trading at 10.87 $.
3- 002139.SZ current support level is at 10.61 which is the 161.80 % fibonacci retracement of the last 0.80 $ move.
4- 002139.SZ current resistance level is at 10.88 which is the 127.20 % fibonacci retracement of the last 0.80 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TOPBAND (002139.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.100 and 9.480 that was broken down at 11.600 transforming into a resistance line.
TOPBAND (002139.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4.150 $ height triangle.
TOPBAND (002139.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 9.480 and 8.750, and is currently supporting at 9.763.

Stock Trading Conclusion:
TOPBAND (002139.SZ) was trading in a 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 : 10.88, 11.10, 11.11, 11.26, 11.39, 11.41, 11.50, 11.51, 11.59, 11.71, 11.90, 12.05.
Stock Support levels : 10.61,.