Today we will analyze the stock ECEC (002199.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in ECEC (002199.SZ)
1- Last bullish trend was from 9.53 $ (1/16/2012) to 10.35 $ (1/18/2012) a 0.82 $ move 2- The current bearish trend started from 10.35 $ at 1/18/2012 and is currently trading at 9.87 $.
3- 002199.SZ current support level is at 9.84 which is the 61.80 % fibonacci retracement of the last 0.82 $ move.
4- 002199.SZ current resistance level is at 9.94 which is the 50.00 % fibonacci retracement of the last 0.82 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ECEC (002199.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.860 $ height triangle which was broken up at 9.870, target of the pattern is 11.730 which was broken down at 9.900, target of the pattern is 8.040.
ECEC (002199.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.860 $ height triangle which was broken up at 9.870, target of the pattern is 11.730 which was broken down at 9.900, target of the pattern is 8.040.
ECEC (002199.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 10.860 and 16.380 that was broken up at 10.350 transforming into a supporting line.

Stock Trading Conclusion:
ECEC (002199.SZ) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 9.94, 9.98, 10.04, 10.05, 10.11, 10.14, 10.16, 10.17, 10.35, 11.73,.
Stock Support levels : 9.84, 9.74, 9.53, 9.31, 9.30, 9.02, 8.04,.