Today we will analyze the stock SHUTTLE INC TWD10 (2405.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in SHUTTLE INC TWD10 (2405.TW)
1- Last bullish trend was from 12.55 $ (2/20/2014) to 13.20 $ (2/28/2014) a 0.65 $ move 2- The current bearish trend started from 13.20 $ at 2/28/2014 and is currently trading at 12.55 $.
3- 2405.TW current support level is at 12.37 which is the 127.20 % fibonacci retracement of the last 0.65 $ move.
4- 2405.TW current resistance level is at 12.55 which is the 100.00 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SHUTTLE INC TWD10 (2405.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 4.200 $ height triangle which was broken down at 12.850 in higher than usual volume, target of the pattern is 8.650.
SHUTTLE INC TWD10 (2405.TW) Mid term stock chart patterns for internet stock trading :

None.
SHUTTLE INC TWD10 (2405.TW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
SHUTTLE INC TWD10 (2405.TW) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 12.70, 12.80, 12.88, 12.95, 13.00, 13.05, 13.20,.
Stock Support levels : 12.37, 12.15, 10.60,.