Today we will analyze the stock SILITECH TECHNOLOG TWD10 (3311.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in SILITECH TECHNOLOG TWD10 (3311.TW)
1- Last bullish trend was from 65.70 $ (4/24/2012) to 74.00 $ (5/3/2012) a 8.30 $ move 2- The current bearish trend started from 74.00 $ at 5/3/2012 and is currently trading at 70.60 $.
3- 3311.TW current support level is at 69.85 which is the 50.00 % fibonacci retracement of the last 8.30 $ move.
4- 3311.TW current resistance level is at 70.83 which is the 38.20 % fibonacci retracement of the last 8.30 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SILITECH TECHNOLOG TWD10 (3311.TW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 65.700 and 64.600, and is currently supporting at 66.329.
SILITECH TECHNOLOG TWD10 (3311.TW) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 14.200 $ height triangle which was broken up at 66.800, target of the pattern is 81.000.
SILITECH TECHNOLOG TWD10 (3311.TW) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 83.000 .
9- The Stock formed a 19.800 $ height triangle.

Stock Trading Conclusion:
SILITECH TECHNOLOG TWD10 (3311.TW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 70.83, 71.40, 71.90, 72.04, 72.30, 72.70, 74.00, 81.00, 83.36.
Stock Support levels : 69.85, 68.87, 66.33, 65.70, 63.44, 63.05,.