Today we will analyze the stock HAILU HEAVY INDUSTRY (002255.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in HAILU HEAVY INDUSTRY (002255.SZ)
1- Last bearish trend was from 29.15 $ (4/17/2012) to 27.35 $ (4/26/2012) a 1.80 $ move 2- The current bullish trend started from 27.35 $ at 4/26/2012 and is currently trading at 28.50 $.
3- 002255.SZ current support level is at 28.46 which is the 61.80 % fibonacci retracement of the last 1.80 $ move.
4- 002255.SZ current resistance level is at 29.15 which is the 100.00 % fibonacci retracement of the last 1.80 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
HAILU HEAVY INDUSTRY (002255.SZ) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 4.760 $ height triangle which was broken up at 28.500 in higher than usual volume, target of the pattern is 33.260.
HAILU HEAVY INDUSTRY (002255.SZ) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 29.150 and 31.010 that was broken up at 28.500 transforming into a supporting line.
HAILU HEAVY INDUSTRY (002255.SZ) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 31.010 and 33.350, and is currently resisting at 29.857.

Stock Trading Conclusion:
HAILU HEAVY INDUSTRY (002255.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 : 29.15, 29.64, 29.86, 30.26, 31.05, 33.26.
Stock Support levels : 28.46, 28.25, 28.23, 28.22, 28.06, 28.04, 27.92, 27.79, 27.77, 27.35,.