Today we will analyze the stock 000629S070508E070508 (038001.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in 000629S070508E070508 (038001.SZ)
1- Last bullish trend was from 0.61 $ (4/10/2007) to 0.77 $ (4/13/2007) a 0.16 $ move 2- The current bearish trend started from 0.77 $ at 4/13/2007 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
000629S070508E070508 (038001.SZ) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 0.770 and 1.140, and is currently resisting at 0.535.
000629S070508E070508 (038001.SZ) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.770 and 1.140, and is currently resisting at 0.535.
000629S070508E070508 (038001.SZ) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.770 and 1.380, and is currently resisting at 0.617.

Stock Trading Conclusion:
000629S070508E070508 (038001.SZ) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.189, 0.300, 0.390, 0.480, 0.535, 0.617, 0.770.
Stock Support levels :.