Today we will analyze the stock BAOXINIAO (002154.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in BAOXINIAO (002154.SZ)
1- Last bearish trend was from 11.40 $ (1/10/2012) to 10.45 $ (1/18/2012) a 0.95 $ move 2- The current bullish trend started from 10.45 $ at 1/18/2012 and is currently trading at 11.26 $.
3- 002154.SZ current support level is at 11.04 which is the 61.80 % fibonacci retracement of the last 0.95 $ move.
4- 002154.SZ current resistance level is at 11.40 which is the 100.00 % fibonacci retracement of the last 0.95 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
BAOXINIAO (002154.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 11.400 and 11.840 that was broken up at 10.810 transforming into a supporting line.
BAOXINIAO (002154.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 11.840 and 14.730 that was broken up at 11.040 transforming into a supporting line.
BAOXINIAO (002154.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.530 $ height triangle which was broken down at 13.200, target of the pattern is 9.670.

Stock Trading Conclusion:
BAOXINIAO (002154.SZ) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 11.40, 11.66, 11.99, 13.86.
Stock Support levels : 11.07, 11.04, 10.95, 10.92, 10.85, 10.81, 10.76, 10.67, 10.62, 10.45, 10.43,.