Today we will analyze the stock BANK OF NINGBO (002142.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in BANK OF NINGBO (002142.SZ)
1- Last bearish trend was from 10.20 $ (2/28/2012) to 9.12 $ (4/9/2012) a 1.08 $ move 2- The current bullish trend started from 9.12 $ at 4/9/2012 and is currently trading at 10.71 $.
3- 002142.SZ current support level is at 10.49 which is the 127.20 % fibonacci retracement of the last 1.08 $ move.
4- 002142.SZ current resistance level is at 10.87 which is the 161.80 % fibonacci retracement of the last 1.08 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
BANK OF NINGBO (002142.SZ) Short term stock chart patterns for internet stock trading :

None.
BANK OF NINGBO (002142.SZ) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9.120 and 8.910, and is currently supporting at 9.181.
BANK OF NINGBO (002142.SZ) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 4.950 $ height triangle which was broken up at 9.850, target of the pattern is 14.800.

Stock Trading Conclusion:
BANK OF NINGBO (002142.SZ) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 10.87, 14.80.
Stock Support levels : 10.49, 10.33, 10.20, 10.10, 9.91, 9.79, 9.73, 9.66, 9.53, 9.44, 9.37, 9.18, 9.12,.