Stock Technical indicators to notice in HAILIANG CO. (002203.SZ)
1- Last bearish trend was from 11.16 $ (4/20/2012) to 10.75 $ (4/24/2012) a 0.41 $ move 2- The current bullish trend started from 10.75 $ at 4/24/2012 and is currently trading at 11.62 $.
HAILIANG CO. (002203.SZ) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 1.240 $ height triangle which was broken up at 11.140 in higher than usual volume, target of the pattern is 12.380.
HAILIANG CO. (002203.SZ) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 3.870 $ height triangle which was broken up at 11.750 in higher than usual volume, target of the pattern is 15.620.
HAILIANG CO. (002203.SZ) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 3.870 $ height triangle which was broken up at 11.750 in higher than usual volume, target of the pattern is 15.620.
Stock Trading Conclusion:
HAILIANG CO. (002203.SZ) was trading in a 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 : 12.38, 15.62,.
Stock Support levels : 11.41, 11.31, 11.29, 11.19, 11.10, 11.08,.
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