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 9.16 $ (4/30/2012) to 9.90 $ (5/4/2012) a 0.74 $ move 2- The current bearish trend started from 9.90 $ at 5/4/2012 and is currently trading at 9.50 $.
3- 2405.TW current support level is at 9.44 which is the 61.80 % fibonacci retracement of the last 0.74 $ move.
4- 2405.TW current resistance level is at 9.53 which is the 50.00 % fibonacci retracement of the last 0.74 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SHUTTLE INC TWD10 (2405.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 9.160 .
7- The Stock formed a 1.030 $ height triangle.
SHUTTLE INC TWD10 (2405.TW) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 9.160 .
9- The Stock formed a 2.480 $ height triangle which was broken up at 9.580 in higher than usual volume, target of the pattern is 12.060.
SHUTTLE INC TWD10 (2405.TW) Long term stock chart patterns for internet stock trading :

10- The Stock formed a 4.070 $ height triangle which was broken down at 9.500, target of the pattern is 5.430.

Stock Trading Conclusion:
SHUTTLE INC TWD10 (2405.TW) was trading in a bullish wave, which is becoming stronger .
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 : 9.53, 9.58, 9.59, 9.62, 9.65, 9.70, 9.73, 9.75, 9.90, 12.06.
Stock Support levels : 9.44, 9.23, 9.16, 9.16, 8.96, 8.70,.