Today we will analyze the stock WALTON CHAINTECH TWD10 (2425.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in WALTON CHAINTECH TWD10 (2425.TW)
1- Last bullish trend was from 43.60 $ (1/8/2014) to 47.10 $ (2/11/2014) a 3.50 $ move 2- The current bearish trend started from 47.10 $ at 2/11/2014 and is currently trading at 44.30 $.
3- 2425.TW current support level is at 43.60 which is the 100.00 % fibonacci retracement of the last 3.50 $ move.
4- 2425.TW current resistance level is at 44.94 which is the 61.80 % fibonacci retracement of the last 3.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
WALTON CHAINTECH TWD10 (2425.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 43.600 .
WALTON CHAINTECH TWD10 (2425.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 43.400 and 42.300 that was broken down at 45.500 transforming into a resistance line.
WALTON CHAINTECH TWD10 (2425.TW) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 39.200 .

Stock Trading Conclusion:
WALTON CHAINTECH TWD10 (2425.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 : 44.94, 44.96, 45.35, 45.37, 45.70, 45.76, 46.03, 46.12, 46.27, 47.10,.
Stock Support levels : 44.24, 44.04, 43.60, 42.65, 41.44,.