Today we will analyze the stock ZHENGBANG TECH (002157.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in ZHENGBANG TECH (002157.SZ)
1- Last bearish trend was from 10.86 $ (4/20/2012) to 10.15 $ (4/27/2012) a 0.71 $ move 2- The current bullish trend started from 10.15 $ at 4/27/2012 and is currently trading at 10.90 $.
3- 002157.SZ current support level is at 10.86 which is the 100.00 % fibonacci retracement of the last 0.71 $ move.
4- 002157.SZ current resistance level is at 11.05 which is the 127.20 % fibonacci retracement of the last 0.71 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ZHENGBANG TECH (002157.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.590 $ height triangle which was broken up at 10.470 in higher than usual volume, target of the pattern is 13.060.
ZHENGBANG TECH (002157.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.590 $ height triangle which was broken up at 10.470 in higher than usual volume, target of the pattern is 13.060.
ZHENGBANG TECH (002157.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 9.810 and 7.610, and is currently supporting at 10.610.

Stock Trading Conclusion:
ZHENGBANG TECH (002157.SZ) was trading in a bullish wave, which is becoming weaker .
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 : 11.05, 11.30, 13.06,.
Stock Support levels : 10.86, 10.72, 10.61, 10.61, 10.59, 10.52, 10.50, 10.44, 10.42, 10.32, 10.27, 10.15,.