Today we will analyze the stock REXON INDUSTRIAL TWD10 (1515.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in REXON INDUSTRIAL TWD10 (1515.TW)
1- Last bearish trend was from 5.09 $ (4/16/2012) to 4.88 $ (4/30/2012) a 0.21 $ move 2- The current bullish trend started from 4.88 $ at 4/30/2012 and is currently trading at 5.03 $.
3- 1515.TW current support level is at 5.01 which is the 61.80 % fibonacci retracement of the last 0.21 $ move.
4- 1515.TW current resistance level is at 5.09 which is the 100.00 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
REXON INDUSTRIAL TWD10 (1515.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 4.880 .
7- The Stock formed a 1.240 $ height triangle which was broken up at 5.010, target of the pattern is 6.250.
REXON INDUSTRIAL TWD10 (1515.TW) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.440 and 4.360, and is currently supporting at 4.779.
REXON INDUSTRIAL TWD10 (1515.TW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
REXON INDUSTRIAL TWD10 (1515.TW) was trading in a strong 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 : 5.09, 5.15, 5.22, 6.25.
Stock Support levels : 5.01, 4.99, 4.99, 4.97, 4.96, 4.95, 4.94, 4.93, 4.88, 4.78,.