Today we will analyze the stock BSP-B (200761.SZ) for internet stock trading in the SZ stock market,
Stock Technical indicators to notice in BSP-B (200761.SZ)
1- Last bullish trend was from 2.36 $ (12/22/2011) to 2.52 $ (1/20/2012) a 0.16 $ move 2- The current bearish trend started from 2.52 $ at 1/20/2012 and is currently trading at 2.44 $.
3- 200761.SZ current support level is at 2.42 which is the 61.80 % fibonacci retracement of the last 0.16 $ move.
4- 200761.SZ current resistance level is at 2.44 which is the 50.00 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BSP-B (200761.SZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.520 and 2.790, and is currently resisting at 2.499.
BSP-B (200761.SZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.790 and 3.530 that was broken up at 2.460 transforming into a supporting line.
BSP-B (200761.SZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.790 and 4.560 that was broken up at 2.580 transforming into a supporting line.

Stock Trading Conclusion:
BSP-B (200761.SZ) was trading in a bearish 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 : 2.46, 2.47, 2.48, 2.48, 2.49, 2.50, 2.52,.
Stock Support levels : 2.42, 2.36, 2.32, 2.28, 2.26,.