Today we will analyze the stock COMPAL ELECTRONIC TWD10 (2324.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in COMPAL ELECTRONIC TWD10 (2324.TW)
1- Last bearish trend was from 33.95 $ (4/24/2012) to 32.60 $ (4/26/2012) a 1.35 $ move 2- The current bullish trend started from 32.60 $ at 4/26/2012 and is currently trading at 34.60 $.
3- 2324.TW current support level is at 34.32 which is the 127.20 % fibonacci retracement of the last 1.35 $ move.
4- 2324.TW current resistance level is at 34.78 which is the 161.80 % fibonacci retracement of the last 1.35 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
COMPAL ELECTRONIC TWD10 (2324.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 33.950 that failed, and formed a support .
7- The Stock was supported by a support line, identified by two points: 32.600 and 31.200, and is currently supporting at 33.800.
COMPAL ELECTRONIC TWD10 (2324.TW) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 35.100 .
COMPAL ELECTRONIC TWD10 (2324.TW) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 31.200 and 26.100, and is currently supporting at 31.921.

Stock Trading Conclusion:
COMPAL ELECTRONIC TWD10 (2324.TW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 34.78, 35.10, 35.28.
Stock Support levels : 34.32, 34.13, 34.12, 33.95, 33.84, 33.80, 33.60, 33.43, 33.36, 33.28, 33.12, 32.92, 32.60,.