Today we will analyze the stock RECHI PRECISION TWD10 (4532.TW) for internet stock trading in the TW stock market,
Stock Technical indicators to notice in RECHI PRECISION TWD10 (4532.TW)
1- Last bearish trend was from 29.80 $ (3/30/2012) to 26.10 $ (4/23/2012) a 3.70 $ move 2- The current bullish trend started from 26.10 $ at 4/23/2012 and is currently trading at 28.20 $.
3- 4532.TW current support level is at 27.95 which is the 50.00 % fibonacci retracement of the last 3.70 $ move.
4- 4532.TW current resistance level is at 28.39 which is the 61.80 % fibonacci retracement of the last 3.70 $ move.
5- According to ADX Indicator, the trend is currently 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.
6- Bearish Divergance in MACD Indicator .
RECHI PRECISION TWD10 (4532.TW) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 29.800 and 30.000 that was broken up at 28.200 transforming into a supporting line.
RECHI PRECISION TWD10 (4532.TW) Mid term stock chart patterns for internet stock trading :

None.
RECHI PRECISION TWD10 (4532.TW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 26.100 and 21.950, and is currently supporting at 26.573.

Stock Trading Conclusion:
RECHI PRECISION TWD10 (4532.TW) was trading in a 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 : 28.39, 29.80, 30.81, 32.09.
Stock Support levels : 27.95, 27.70, 27.51, 27.40, 27.40, 27.15, 26.97, 26.90, 26.57, 26.10,.