Today we will analyze the stock 1ST COPPER TECHNOL TWD10 (2009.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in 1ST COPPER TECHNOL TWD10 (2009.TW)
1- Last bearish trend was from 8.31 $ (4/13/2012) to 7.93 $ (4/24/2012) a 0.38 $ move 2- The current bullish trend started from 7.93 $ at 4/24/2012 and is currently trading at 8.05 $.
3- 2009.TW current support level is at 8.02 which is the 23.60 % fibonacci retracement of the last 0.38 $ move.
4- 2009.TW current resistance level is at 8.08 which is the 38.20 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
1ST COPPER TECHNOL TWD10 (2009.TW) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 8.310 and 10.300 that was broken up at 7.930 transforming into a supporting line.
1ST COPPER TECHNOL TWD10 (2009.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 10.300 and 11.100, and is currently resisting at 9.974.
1ST COPPER TECHNOL TWD10 (2009.TW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 10.300 and 14.600, and is currently resisting at 9.220.

Stock Trading Conclusion:
1ST COPPER TECHNOL TWD10 (2009.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 : 8.08, 8.12, 8.16, 8.31, 8.41, 8.54, 9.22, 9.97.
Stock Support levels : 8.02, 8.02, 8.00, 7.99, 7.98, 7.93,.