Today we will analyze the stock TAI-I ELEC WIRE TWD10 (1613.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in TAI-I ELEC WIRE TWD10 (1613.TW)
1- Last bearish trend was from 5.88 $ (4/10/2012) to 5.11 $ (4/24/2012) a 0.77 $ move 2- The current bullish trend started from 5.11 $ at 4/24/2012 and is currently trading at 5.90 $.
3- 1613.TW current support level is at 5.88 which is the 100.00 % fibonacci retracement of the last 0.77 $ move.
4- 1613.TW current resistance level is at 6.09 which is the 127.20 % fibonacci retracement of the last 0.77 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
TAI-I ELEC WIRE TWD10 (1613.TW) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.880 and 6.540 that was broken up at 5.800 transforming into a supporting line.
TAI-I ELEC WIRE TWD10 (1613.TW) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 5.880 and 6.540 that was broken up at 5.800 transforming into a supporting line.
TAI-I ELEC WIRE TWD10 (1613.TW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TAI-I ELEC WIRE TWD10 (1613.TW) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 6.09, 6.36.
Stock Support levels : 5.88, 5.71, 5.60, 5.59, 5.51, 5.49, 5.41, 5.40, 5.29, 5.11, 3.50,.