Today we will analyze the stock 000629S081128E081211 (031002.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in 000629S081128E081211 (031002.SZ)
1- Last bearish trend was from 6.19 $ (11/17/2008) to 5.97 $ (11/18/2008) a 0.22 $ move 2- The current bullish trend started from 5.97 $ at 11/18/2008 and is currently trading at 6.65 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
000629S081128E081211 (031002.SZ) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 5.970 and 3.040 that was broken down at 6.630 transforming into a resistance line.
000629S081128E081211 (031002.SZ) Mid term stock chart patterns for internet stock trading :

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000629S081128E081211 (031002.SZ) Long term stock chart patterns for internet stock trading :

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Stock Trading Conclusion:
000629S081128E081211 (031002.SZ) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 10.99.
Stock Support levels : 6.49, 6.39, 6.31, 6.23,.