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 25.10 $ (4/5/2012) to 28.80 $ (4/16/2012) a 3.70 $ move 2- The current bearish trend started from 28.80 $ at 4/16/2012 and is currently trading at 24.60 $.
3- 2425.TW current support level is at 24.09 which is the 127.20 % fibonacci retracement of the last 3.70 $ move.
4- 2425.TW current resistance level is at 25.10 which is the 100.00 % fibonacci retracement of the last 3.70 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WALTON CHAINTECH TWD10 (2425.TW) Short term stock chart patterns for internet stock trading :

None.
WALTON CHAINTECH TWD10 (2425.TW) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 28.800 and 29.200, and is currently resisting at 28.505.
WALTON CHAINTECH TWD10 (2425.TW) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 17.150 $ height triangle which was broken down at 26.850, target of the pattern is 9.700.

Stock Trading Conclusion:
WALTON CHAINTECH TWD10 (2425.TW) was trading in a bearish 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 : 25.10, 25.59, 26.20, 26.51, 26.70, 26.95, 27.20, 27.39, 27.93, 28.51, 28.80, 29.41.
Stock Support levels : 24.09, 22.81,.