Today we will analyze the stock AUDIX CORP TWD10 (2459.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in AUDIX CORP TWD10 (2459.TW)
1- Last bearish trend was from 30.95 $ (3/15/2012) to 26.00 $ (4/30/2012) a 4.95 $ move 2- The current bullish trend started from 26.00 $ at 4/30/2012 and is currently trading at 26.40 $.
3- 2459.TW current support level is at 26.00 which is the 0.00 % fibonacci retracement of the last 4.95 $ move.
4- 2459.TW current resistance level is at 27.17 which is the 23.60 % fibonacci retracement of the last 4.95 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
AUDIX CORP TWD10 (2459.TW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 30.950 .
AUDIX CORP TWD10 (2459.TW) Mid term stock chart patterns for internet stock trading :

None.
AUDIX CORP TWD10 (2459.TW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AUDIX CORP TWD10 (2459.TW) was trading in a strong 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 : 27.17, 27.89, 28.48, 29.06, 30.58, 30.68, 30.79, 30.95, 32.30, 34.01.
Stock Support levels : 26.31, 26.25, 26.20, 26.15, 26.00,.