Today we will analyze the stock ALLIS ELECTRIC TWD10 (1514.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in ALLIS ELECTRIC TWD10 (1514.TW)
1- Last bearish trend was from 8.35 $ (4/13/2012) to 7.83 $ (4/23/2012) a 0.52 $ move 2- The current bullish trend started from 7.83 $ at 4/23/2012 and is currently trading at 8.24 $.
3- 1514.TW current support level is at 8.15 which is the 61.80 % fibonacci retracement of the last 0.52 $ move.
4- 1514.TW current resistance level is at 8.35 which is the 100.00 % fibonacci retracement of the last 0.52 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
ALLIS ELECTRIC TWD10 (1514.TW) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 1.340 $ height triangle which was broken up at 8.040, target of the pattern is 9.380.
ALLIS ELECTRIC TWD10 (1514.TW) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 1.340 $ height triangle which was broken up at 8.040, target of the pattern is 9.380.
ALLIS ELECTRIC TWD10 (1514.TW) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 9.100 and 9.150, and is currently resisting at 9.075.

Stock Trading Conclusion:
ALLIS ELECTRIC TWD10 (1514.TW) 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 : 8.35, 8.49, 8.67, 9.08, 9.10, 9.38,.
Stock Support levels : 8.15, 8.14, 8.09, 8.08, 8.03, 8.03, 7.99, 7.95, 7.90, 7.83,.